State electricity profile · 2024

Rhode Island Electricity

Rhode Island's residential electricity rate is 28.65¢/kWh, 73.8% above the US average. Keep scrolling for the commercial and industrial breakdown and generation mix, per EIA filings.

28.65¢/kWh
Residential rate
+73.8%
vs US average
11%
Renewable
457.4K
Customers

The verdict · 2024

Rhode Island's residential electricity runs 28.65¢/kWh - 73.8% above the 16.48¢/kWh national average, pricier than 92% of states, with 11% of its power from renewables.

Rate is the EIA state average across all 457.4K residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.

What Rhode Island's Electricity Data Tells Us

The going residential rate in Rhode Island is 28.65¢/kWh, based on 2024 EIA filings, billed to 457.4K metered households statewide, versus a national residential average of 16.48¢/kWh, a difference of 73.8% above. On the commercial side, the rate is 21.09¢/kWh, and industrial power costs 19.70¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. 3.1M MWh moved through residential meters over the year, generating about $891.4M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

natural gas dominates Rhode Island's generation mix, supplying 89.1% of in-state production, with a secondary role played by solar at 8.9%, and wind rounding out the top three at 1.8%. Tally solar, wind, hydro, geothermal, and biomass together and renewables reach 10.8% of Rhode Island's generation, 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 Rhode Island moved from 18.62¢/kWh in 2016 to 28.65¢/kWh in 2024, a 53.9% shift over that window. Looking for peers at a similar rate? Connecticut, Massachusetts, California are close matches. 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.

+73.8%

vs the US residential average

8%

of states have higher residential rates

11%

renewable share, below the US mix

457.4K

residential customers served

How Rhode Island compares

Residential
Rhode Island 28.65¢
US average 16.48¢
+74% vs benchmark
Commercial
Rhode Island 21.09¢
US average 12.75¢
+65% vs benchmark
Industrial
Rhode Island 19.70¢
US average 8.13¢
+142% vs benchmark

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

Residential Price History

Year Price Change
2024 28.65¢/kWh +6.0%
2023 27.02¢/kWh +16.4%
2022 23.21¢/kWh +4.1%
2021 22.30¢/kWh +1.3%
2020 22.01¢/kWh +1.3%
2019 21.73¢/kWh +5.7%
2018 20.55¢/kWh +12.2%
2017 18.32¢/kWh -1.6%
2016 18.62¢/kWh -

Energy Generation Mix

How Rhode Island generates its electricity. Renewable sources account for 10.8% of generation.

  • Natural Gas89.1%
  • Solarrenewable8.9%
  • Windrenewable1.8%
  • Petroleum0.1%

Market Overview

Residential Revenue

$891.4M

Commercial Revenue

$773.3M

Residential Sales

3.1M MWh

Residential Customers

457.4K

Frequently Asked Questions

How much does electricity cost in Rhode Island?
Residential electricity in Rhode Island costs 28.65¢/kWh (2024), which is 73.8% above the national average. Commercial rate: 21.09¢/kWh. Industrial rate: 19.70¢/kWh.
How much of Rhode Island's electricity is renewable?
Renewable sources account for 10.8% of Rhode Island's electricity generation (2024). The top source is natural gas at 89.1%.
Are electricity prices going up in Rhode Island?
From 2016 to 2024, residential electricity in Rhode Island changed from 18.62¢/kWh to 28.65¢/kWh (+53.9%).
What are commercial and industrial electricity rates in Rhode Island?
Commercial electricity in Rhode Island costs 21.09¢/kWh and industrial costs 19.70¢/kWh (2024).
What is the cheapest energy source in Rhode Island?
Rhode Island's electricity generation is led by natural gas at 89.1% of the mix, followed by solar at 8.9% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Rhode Island 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.

Using Rhode Island's numbers

This is the state average, use it as a benchmark, not a quote for your address.

  • Rhode Island sits 73.8% 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. Rhode Island price trend
  • Compare Rhode Island 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.

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.

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.