State electricity profile · 2024
Vermont Electricity
Vermont residential power costs 21.90¢/kWh, 32.9% above the US average. Scroll down for commercial, industrial, and generation-mix figures, sourced from EIA filings.
- 21.90¢/kWh
- Residential rate
- +32.9%
- vs US average
- 100%
- Renewable
- 324.0K
- Customers
Verify with EIA → · Methodology
The verdict · 2024
Vermont's residential electricity runs 21.90¢/kWh - 32.9% above the 16.48¢/kWh national average, pricier than 82% of states, with 100% of its power from renewables.
Rate is the EIA state average across all 324.0K residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.
What Vermont's Electricity Data Tells Us
In 2024, the average residential electricity bill in Vermont runs 21.90¢/kWh, reaching 324.0K metered households, versus a national residential average of 16.48¢/kWh, a difference of 32.9% above. Commercial power runs 18.89¢/kWh, and industrial power costs 11.58¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Residential sales for the year came to 2.2M MWh, translating to roughly $488.5M in revenue for utilities, a useful yardstick for sizing local demand against the grid mix that serves it.
hydro dominates Vermont's generation mix, supplying 60.9% of in-state production; the runner-up is solar, at 21.9% and wind supplying 16.9%. 99.8% of Vermont's electricity output comes from renewable fuels, solar, wind, hydro, geothermal, and biomass combined, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. A portfolio this clean typically carries lower marginal generation costs once capacity is built, though transmission upgrades can offset part of the saving.
Looking back across EIA records, residential prices in Vermont moved from 17.37¢/kWh in 2016 to 21.90¢/kWh in 2024, a 26.1% shift over that window. For a peer comparison, New Hampshire, Maine, New York land in the same price range. 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.
+32.9%
vs the US residential average
18%
of states have higher residential rates
100%
renewable share, above the US mix
324.0K
residential customers served
How Vermont compares
Cents per kWh, EIA Form 861. Pick a benchmark above to compare Vermont against the US average or a peer state.
Residential Price History
| Year | Price | Change |
|---|---|---|
| 2024 | 21.90¢/kWh | +5.2% |
| 2023 | 20.82¢/kWh | +4.5% |
| 2022 | 19.93¢/kWh | +3.5% |
| 2021 | 19.26¢/kWh | -1.4% |
| 2020 | 19.54¢/kWh | +10.3% |
| 2019 | 17.71¢/kWh | -1.7% |
| 2018 | 18.02¢/kWh | +1.9% |
| 2017 | 17.68¢/kWh | +1.8% |
| 2016 | 17.37¢/kWh | - |
Energy Generation Mix
How Vermont generates its electricity. Renewable sources account for 99.8% of generation.
- Hydrorenewable60.9%
- Solarrenewable21.9%
- Windrenewable16.9%
- Petroleum0.1%
- Natural Gas0.1%
Market Overview
Residential Revenue
$488.5M
Commercial Revenue
$368.8M
Residential Sales
2.2M MWh
Residential Customers
324.0K
Frequently Asked Questions
How much does electricity cost in Vermont? ▼
How much of Vermont's electricity is renewable? ▼
Are electricity prices going up in Vermont? ▼
What are commercial and industrial electricity rates in Vermont? ▼
What is the cheapest energy source in Vermont? ▼
Where does RateWatt's Vermont electricity data come from? ▼
States with Similar Electricity Prices
Using Vermont's numbers
This is the state average, use it as a benchmark, not a quote for your address.
- Vermont sits 32.9% 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. Vermont price trend
- Compare Vermont 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 Vermont
Every figure on this page traces to these official federal datasets.
- 📊 EIA State Energy Profile, Vermont 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.