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
The verdict · 2024
New Hampshire's residential electricity runs 23.40¢/kWh - 42% above the 16.48¢/kWh national average, pricier than 84% of states, with 14% of its power from renewables.
Rate is the EIA state average across all 652.6K residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.
What New Hampshire's Electricity Data Tells Us
23.40¢/kWh is what a typical residential customer in New Hampshire pays for electricity in 2024, across a base of 652.6K metered households, placing the state 42% above the national residential average of 16.48¢/kWh. On the commercial side, the rate is 19.40¢/kWh; industrial rates come in at 16.21¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Yearly residential electricity sales reached 4.8M MWh on roughly $1.1B in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.
No fuel source matters more to New Hampshire's grid than nuclear, at 58.0% of in-state production; the runner-up is natural gas, at 26.5% and hydro in third at 8.5%. Across solar, wind, hydro, geothermal, and biomass, renewables account for 13.6% of electricity generated in New Hampshire, 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. Maine, New York, Alaska price out at a comparable level, a handy peer set for cross-checking. 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
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.
- Nuclear58.0%
- Natural Gas26.5%
- Hydrorenewable8.5%
- Windrenewable2.7%
- Solarrenewable2.2%
- Coal1.3%
- Other0.3%
- Petroleum0.3%
- Biomassrenewable0.3%
Market Overview
Residential Revenue
$1.1B
Commercial Revenue
$796.3M
Residential Sales
4.8M MWh
Residential Customers
652.6K
Frequently Asked Questions
How much does electricity cost in New Hampshire? ▼
How much of New Hampshire's electricity is renewable? ▼
Are electricity prices going up in New Hampshire? ▼
What are commercial and industrial electricity rates in New Hampshire? ▼
What is the cheapest energy source in New Hampshire? ▼
Where does RateWatt's New Hampshire electricity data come from? ▼
States with Similar Electricity Prices
Using New Hampshire's numbers
This is the state average, use it as a benchmark, not a quote for your address.
- New Hampshire sits 42% above the national average, see exactly where it lands among all 50 states. See the rankings
- Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. New Hampshire price trend
- Compare New Hampshire side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator
Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.
Energy Guides
Understanding Electricity Rates
What ¢/kWh means and how your bill is calculated
Why Prices Vary by State
Generation mix, regulation, and geography
US Energy Sources Explained
How each fuel source powers the grid
Renewable vs Fossil Fuel Costs
LCOE comparison and the cost crossover
Cheapest States for Electricity
Which states pay the least and why
Primary source data for New Hampshire
Every figure on this page traces to these official federal datasets.
- 📊 EIA State Energy Profile, New Hampshire State energy database
- ⚡ EIA Electric Power Monthly Generation and price statistics
- 🌿 EPA eGRID Power-grid emissions database
- ☀️ NREL solar resource maps Solar potential by location
- 💨 NREL wind resource maps Wind potential by location
- ⚛️ NRC reactor data Nuclear operating status
- ⚡ FERC market data Transmission and market prices
- 🏛️ NARUC commissions State public utility commissions
- 📖 EIA energy mapping system Interactive federal energy map
Related
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.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.