State electricity profile · 2024

New Hampshire Electricity

Residential electricity in New Hampshire runs 23.40¢/kWh, 42% above the US average. Commercial, industrial, and generation-mix detail below, all from EIA filings.

23.40¢/kWh
Residential rate
+42.0%
vs US average
14%
Renewable
652.6K
Customers

Verify with EIA → · Methodology

Residential electricity in New Hampshire costs 23.40¢/kWh (2024), 42% above the national average. 13.6% of electricity comes from renewable sources. The state serves 652.6K residential customers.

What New Hampshire's Electricity Data Tells Us

Residential customers in New Hampshire pay 23.40¢/kWh in 2024, spread across 652.6K metered households, placing the state 42% above the national residential average of 16.48¢/kWh. Commercial rates sit at 19.40¢/kWh while industrial buyers pay 16.21¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 4.8M MWh on roughly $1134.5M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

The generation mix is led by nuclear at 58.0% of in-state production, with natural gas providing 26.5% and hydro supplying 8.5%. Renewable fuels, solar, wind, hydro, geothermal, and biomass, collectively account for 13.6% of New Hampshire's electricity output, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Expansion headroom remains: cost curves for wind and solar have fallen faster than fossil alternatives for most of the last decade.

Looking back across EIA records, residential prices in New Hampshire moved from 18.38¢/kWh in 2016 to 23.40¢/kWh in 2024, a 27.3% shift over that window. Comparable-priced neighbors include Maine, New York, Alaska, which gives a peer set for sanity-checking local quotes. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

+42.0%

vs the US residential average

16%

of states have higher residential rates

14%

renewable share, below the US mix

652.6K

residential customers served

How New Hampshire compares

Residential
New Hampshire 23.40¢
US average 16.48¢
+42% vs benchmark
Commercial
New Hampshire 19.40¢
US average 12.75¢
+52% vs benchmark
Industrial
New Hampshire 16.21¢
US average 8.13¢
+99% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare New Hampshire against the US average or a peer state.

Residential Price History

Year Price Change
2024 23.40¢/kWh -16.9%
2023 28.15¢/kWh +10.6%
2022 25.46¢/kWh +28.3%
2021 19.85¢/kWh +4.3%
2020 19.04¢/kWh -5.0%
2019 20.05¢/kWh +1.8%
2018 19.69¢/kWh +2.6%
2017 19.20¢/kWh +4.5%
2016 18.38¢/kWh

Energy Generation Mix

How New Hampshire generates its electricity. Renewable sources account for 13.6% of generation.

Nuclear 58.0%
Natural Gas 26.5%
Hydro renewable 8.5%
Wind renewable 2.7%
Solar renewable 2.2%
Coal 1.3%

+ 3 other sources

New Hampshire Generation Mix

Nuclear58Natural Gas26.5Hydro8.5Wind2.7Solar2.2Coal1.3
New Hampshire Generation Mix

Market Overview

Residential Revenue

$1134.5M

Commercial Revenue

$796.3M

Residential Sales

4.8M MWh

Residential Customers

652.6K

Frequently Asked Questions

How much does electricity cost in New Hampshire?
Residential electricity in New Hampshire costs 23.40¢/kWh (2024), which is 42% above the national average. Commercial rate: 19.40¢/kWh. Industrial rate: 16.21¢/kWh.
How much of New Hampshire's electricity is renewable?
Renewable sources account for 13.6% of New Hampshire's electricity generation (2024). The top source is nuclear at 58.0%.
Are electricity prices going up in New Hampshire?
From 2016 to 2024, residential electricity in New Hampshire changed from 18.38¢/kWh to 23.40¢/kWh (+27.3%).
What are commercial and industrial electricity rates in New Hampshire?
Commercial electricity in New Hampshire costs 19.40¢/kWh and industrial costs 16.21¢/kWh (2024).
What is the cheapest energy source in New Hampshire?
New Hampshire's electricity generation is led by nuclear at 58.0% of the mix, followed by natural gas at 26.5% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's New Hampshire electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Data Sources

Electricity price and generation data from the U.S. Energy Information Administration (EIA) (2024). Prices in cents per kilowatt-hour (kWh). Revenue in dollars. Sales in megawatt-hours.

Generation mix data shows the share of each fuel source used to produce electricity in New Hampshire. Renewable sources include solar, wind, hydroelectric, geothermal, and biomass.

Related

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.