U.S. Energy Information Administration / Annual Energy Review 2010 

Table 8.10 Average Retail Prices of Electricity, Selected Years, 1960-2010

 (Cents per Kilowatthour, Including Taxes)

Year

Residential Commercial 1 Industrial 2 Transportation 3 Other 4 

Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 Nominal 5 Real 6 N

1960 2.6 14.0 2.4 12.9 1.1 5.9 NA NA 1.9 10.2 1965 2.4 12.1 2.2 11.0 1.0 5.0 NA NA 1.8 9.0 1966 2.3 11.2 2.1 10.3 1.0 4.9 NA NA 1.8 8.8 1967 2.3 10.9 2.1 10.0 1.0 4.7 NA NA 1.8 8.5 1968 2.3 10.5 2.1 9.5 1.0 4.5 NA NA 1.8 8.2 1969 2.2 9.5 2.1 9.1 1.0 4.3 NA NA 1.7 7.4 1970 2.2 9.1 2.1 8.6 1.0 4.1 NA NA 1.8 7.4 1971 2.3 9.0 2.2 8.6 1.1 4.3 NA NA 1.9 7.4 1972 2.4 9.0 2.3 8.6 1.2 4.5 NA NA 2.0 7.5 1973 2.5 8.9 2.4 8.5 1.3 4.6 NA NA 2.1 7.5 1974 3.1 10.1 3.0 9.8 1.7 5.5 NA NA 2.8 9.1 1975 3.5 10.4 3.5 10.4 2.1 6.3 NA NA 3.1 9.2 1976 3.7 10.4 3.7 10.4 2.2 6.2 NA NA 3.3 9.3 1977 4.1 10.9 4.1 10.9 2.5 6.6 NA NA 3.5 9.3 1978 4.3 10.6 4.4 10.9 2.8 6.9 NA NA 3.6 8.9 1979 4.6 10.5 4.7 10.7 3.1 7.1 NA NA 4.0 9.1 1980 5.4 11.3 5.5 11.5 3.7 7.8 NA NA 4.8 10.1 1981 6.2 11.9 6.3 12.1 4.3 8.2 NA NA 5.3 10.2 1982 6.9 12.5 6.9 12.5 5.0 9.0 NA NA 5.9 10.7 1983 7.2 12.5 7.0 12.2 5.0 8.7 NA NA 6.4 11.1 1984 7.15 11.96 7.13 11.93 4.83 8.08 NA NA 5.90 9.87 1985 7.39 12.00 7.27 11.81 4.97 8.07 NA NA 6.09 9.89 1986 7.42 11.79 7.20 11.44 4.93 7.83 NA NA 6.11 9.71 1987 7.45 11.50 7.08 10.93 4.77 7.37 NA NA 6.21 9.59 1988 7.48 11.17 7.04 10.51 4.70 7.02 NA NA 6.20 9.26 1989 7.65 11.00 7.20 10.36 4.72 6.79 NA NA 6.25 8.99 1990 7.83 10.84 7.34 10.17 4.74 6.57 NA NA 6.40 8.86 1991 8.04 10.75 7.53 10.07 4.83 6.46 NA NA 6.51 8.71 1992 8.21 10.73 7.66 10.01 4.83 6.31 NA NA 6.74 8.81 1993 8.32 10.64 7.74 9.89 4.85 6.20 NA NA 6.88 8.80 1994 8.38 10.49 7.73 9.68 4.77 5.97 NA NA 6.84 8.56 1995 8.40 10.30 7.69 9.43 4.66 5.72 NA NA 6.88 8.44 1996 8.36 10.06 7.64 9.20 4.60 5.54 NA NA 6.91 8.32 1997 8.43 9.97 7.59 8.98 4.53 5.36 NA NA 6.91 8.17 1998 8.26 9.66 7.41 8.67 4.48 5.24 NA NA 6.63 7.75 1999 8.16 9.40 7.26 8.37 4.43 5.11 NA NA 6.35 7.32 2000 8.24 9.30 7.43 8.38 4.64 5.23 NA NA 6.56 7.40 2001 8.58 9.46 7.92 8.74 5.05 5.57 NA NA 7.20 7.94 2002 8.44 9.16 7.89 8.57 4.88 5.30 NA NA 6.75 7.33 2003 8.72 9.27 8.03 8.53 5.11 5.43 7.54 8.01 – – – – 2004 8.95 9.25 8.17 8.44 5.25 5.43 7.18 7.42 – – – – 2005 9.45 9.45 8.67 8.67 5.73 5.73 8.57 8.57 – – – – 2006 10.40 10.07 9.46 9.16 6.16 5.97 9.54 9.24 – – – – 2007 10.65 R10.02 9.65 R9.08 6.39 R6.01 9.70 9.13 – – – – 2008 11.26 R10.37 10.36 R9.54 6.83 R6.29 10.74 R9.89 – – – – 2009 R11.51 R10.50 R10.17 R9.28 R6.81 R6.21 R10.65 R9.72 – – – – 2010P 11.58 10.46 10.26 9.27 6.79 6.14 10.96 9.90 – – – – 

1 Commercial sector. For 1960-2002, prices exclude public street and highway lighting,

interdepartmental sales, and other sales to public authorities. 2 Industrial sector. For 1960-2002, prices exclude agriculture and irrigation. 3 Transportation sector, including railroads and railways. 4 Public street and highway lighting, interdepartmental sales, other sales to public authorities, agricultureand irrigation, and transportation including railroads and railways.

5 See "Nominal Price" in Glossary. 6 In chained (2005) dollars, calculated by using gross domestic product implicit price deflators in Table

D1. See "Chained Dollars" in Glossary.

R=Revised. P=Preliminary. NA=Not available. – – =Not applicable.Notes: • Beginning in 2003, the category "Other" has been replaced by "Transportation," and the

categories "Commercial" and "Industrial" have been redefined. • Data represent revenue from electricityretail sales divided by electricity retail sales. • Prices include State and local taxes, energy or demandcharges, customer service charges, environmental surcharges, franchise fees, fuel adjustments, and othermiscellaneous charges applied to end-use customers during normal billing operations. Prices do not includedeferred charges, credits, or other adjustments, such as fuel or revenue from purchased power, from

previous reporting periods. • Through 1979, data are for Classes A and B p

only. (Class A utilities are those with operating revenues of $2.5 million or mwith between $1 million and $2.5 million.) For 1980-1982, data are for seelectric operating revenues were $100 million or more during the previous yselected sample of electric utilities. Beginning in 1984, data are for a census in 1996, data also include energy service providers selling to retail customers

Web Pages: • See http://www.eia.gov/totalenergy/data/annual/#electricity 

• For related information, see http://www.eia.gov/electricity/.

Sources: • 1960-September 1977—Federal Power Commission, Form 

Electric Operating Revenues and Income." • October 1977-February 1980Commission (FERC), Form FPC-5, "Monthly Statement of Electric Opera• March 1980-1982—FERC, Form FERC-5, "Electric Utility Com• 1983—U.S. Energy Information Administration (EIA), Form EIA-826, "EleStatement." • 1984-1995—EIA, Form EIA-861, "Annual Electric Utility ReElectric Power Monthly (March 2011), Table 5.3.