2025 Residential
24.56¢/kWh
+42.0% vs US avg
New Hampshire residential electricity costs 24.56¢/kWh in 2025
According to the U.S. Energy Information Administration retail-sales series (2025 annual frequency), residential electricity in New Hampshire costs 24.56¢/kWh, 42% above the national average. Since 2016, the rate has changed +33.6%.
Where New Hampshire sits: according to EIA's annual retail-sales series, its residential rate changed +33.6% between 2016 and 2025, the 24th steepest of 51 jurisdictions (the 50 states and the District of Columbia), a steeper move than 54% of the other 50. Ranked on the same 2016 to 2025 window for every state; see the methodology.
Price Trends, New Hampshire vs National Average
Reading the New Hampshire Price Trend
According to the U.S. Energy Information Administration's retail-sales series, RateWatt currently holds 2,040 annual state-sector records spanning 2016 through 2025. These are statewide annual averages, not individual utility quotes. See the methodology for source scope and refresh cadence.
New Hampshire residential electricity moved from 18.38¢/kWh in 2016 to 24.56¢/kWh in 2025, a cumulative change of +33.6% over 10 reporting years. The more recent five-year window changed +29.0% since 2020; comparing the two windows describes whether the pace changed, but does not establish why. Against the national residential benchmark of 17.30¢/kWh, New Hampshire now sits 42% above the U.S. average for 2025.
Commercial customers in New Hampshire paid 20.16¢/kWh in 2025, while industrial customers paid 16.88¢/kWh. Sector differences can reflect customer mix, consumption volume, tariff design, and cost allocation; this statewide series does not identify which factor drives a state's gap. Here the residential-to-industrial multiplier is about 1.5x, one descriptive benchmark for comparison with peer states.
EIA reports 9 generation sources for New Hampshire; ranked by share of generation they run nuclear, natural gas, hydro, wind, solar. Of the 11 sources EIA reports somewhere in the country, New Hampshire records no generation from geothermal or pumped storage. That is an absence in the published series, not a statement that no such capacity exists. This price series and that generation series are published separately and are not joined here, so nothing on this page attributes a price movement to a fuel mix. Adjacent entries in the alphabetical state browser are Nevada and New Jersey; their pages carry the same series on the same basis. EIA publishes the annual series once per year and revises prior years without renumbering them, so a figure here can change when a later release restates it.
The annual average is close to what most months look like
New Hampshire is one of 20 states, of the 51 with a full monthly record, whose residential rate moves within a narrow band across the year. The monthly series runs from about 24.51¢/kWh in August to about 26.64¢/kWh in January, a spread of 8.4% around the monthly mean. Where that spread is this small, the annual figures in the table above describe an ordinary month here reasonably well, which is not true of every state.
Within-year profile computed from 36 monthly observations across 3 complete calendar years in EIA's residential series (monthly data begins 2023-01). Partial calendar years are excluded so a newer partial tail cannot bias January–May against later months. Peak and trough are the highest and lowest month averages across that record, not a forecast; the spread is quoted against this state's own monthly mean.
How often the rate has actually fallen
New Hampshire's rate has fallen in 2 of the 9 year-on-year steps on record, the most common pattern among states. The steepest of those falls came in 2024, at 4.75¢.
A clear acceleration, close to the national middle
New Hampshire's long-run pace is about 3.3% a year; the last five years ran at about 5.2%. The 2.0% difference sits in the upper half of states but well short of the extremes, which is the ordinary shape of the post-2020 rate cycle rather than anything specific to this state.
Both figures are compound annual rates over EIA's published residential series, so the five-year and full-record windows are directly comparable; the national comparison ranks all 51 states and DC on the same measure. Annual state-level averages, not individual bills.
2025 Rate
24.56¢/kWh
vs National Avg
+42.0%
5-Year Change
+29.0%
Since 2016
+33.6%
Annual Average Prices
| Year | Residential | US Avg |
|---|---|---|
| 2025 | 24.56¢/kWh +5.0% | 17.30¢/kWh |
| 2024 | 23.40¢/kWh -16.9% | 16.48¢/kWh |
| 2023 | 28.15¢/kWh +10.6% | 16.00¢/kWh |
| 2022 | 25.46¢/kWh +28.3% | 15.04¢/kWh |
| 2021 | 19.85¢/kWh +4.3% | 13.66¢/kWh |
| 2020 | 19.04¢/kWh -5.0% | 13.15¢/kWh |
| 2019 | 20.05¢/kWh +1.8% | 13.01¢/kWh |
| 2018 | 19.69¢/kWh +2.6% | 12.87¢/kWh |
| 2017 | 19.20¢/kWh +4.5% | 12.89¢/kWh |
| 2016 | 18.38¢/kWh | 12.55¢/kWh |
Trajectory peers
Which states followed a similar residential price path?
Each state begins at an index of 100 in 2016; the comparison then measures how closely its annual path follows New Hampshire through 2025. This compares the shape of the EIA series, not the price level, and does not claim that two states share the same market or causes.
Closest path shapes
Nearest matches after each state starts at an index of 100
- Florida +38.8% since 2016
- Connecticut +46.8% since 2016
- Nevada +15.2% since 2016
- Texas +40.8% since 2016
- Indiana +37.7% since 2016
- Louisiana +34.6% since 2016
- Illinois +41.1% since 2016
- Mississippi +34.0% since 2016
Other steeper paths
Nearest unused states with a larger 2016–2025 rise
- Virginia +34.5% since 2016
- Pennsylvania +39.2% since 2016
- New York +50.1% since 2016
- Alabama +34.3% since 2016
- West Virginia +34.7% since 2016
- Hawaii +47.8% since 2016
Calculated from 51 jurisdictions covering the complete 2016–2025 annual window. Directional lists exclude states already shown as the closest matches, so every name appears once.
Provider record
Largest bundled residential providers EIA reports for New Hampshire
EIA-861 table 6 lists 9 reporting entities here for 2024, ordered by residential customer count. A provider's appearance is not evidence that it serves every address or that a household can choose it.
| Provider | Ownership | Residential customers | EIA average price |
|---|---|---|---|
| Public Service Co of NH | Investor Owned | 279,131 | 22.65¢/kWh |
| New Hampshire Elec Coop Inc | Cooperative | 72,772 | 23.83¢/kWh |
| Unitil Energy Systems | Investor Owned | 39,656 | 23.33¢/kWh |
| Liberty Utilities (Granite State Electri | Investor Owned | 24,689 | 22.87¢/kWh |
| Sunrun Inc. | Behind the Meter | 3,634 | 27.76¢/kWh |
| Tesla Inc. | Behind the Meter | 1,205 | 17.77¢/kWh |
| Sunnova | Behind the Meter | 241 | 24.30¢/kWh |
| EverBright, LLC | Behind the Meter | 100 | 18.97¢/kWh |
| Palmetto Solar, LLC | Behind the Meter | 3 | 28.08¢/kWh |
“Average price” is EIA's reported residential revenue divided by sales, not a tariff, plan offer, or bill quote. Source: EIA Electric Sales, Revenue, and Average Price, table 6.
Frequently Asked Questions
Are electricity prices going up in New Hampshire? ▼
How does New Hampshire's electricity price compare to the national average? ▼
What do businesses pay for electricity in New Hampshire? ▼
Where does this price trend data come from? ▼
Energy Guides
Where New Hampshire's figures come from
Data from the U.S. Energy Information Administration. Prices in cents per kilowatt-hour (kWh). Annual averages.
Related
Read our methodology , how this data is sourced, computed, and verified.