30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%

Rhode Island electricity rates (August 2026)

Average residential and commercial electricity prices in Rhode Island from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate
28.18¢
▲ 6.2% vs a year agoper kWh, August 2026; ranks 7 of 51 (1 = highest)
Commercial rate
23.31¢
per kWh, August 2026
Average home bill
$162
per month over the last 12 months, about 550 kWh
U.S. residential average
18.16¢
Rhode Island is 55% above the U.S. average.

Find your utility's rate by ZIP

Rhode Island vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in Rhode Island

MonthResidentialCommercialU.S. residentialAvg kWhAvg bill
August 202628.18¢23.31¢18.16¢625$176
July 202628.29¢23.43¢18.31¢766$217
June 202629.23¢22.70¢18.34¢485$142
May 202629.46¢25.41¢18.44¢503$148
April 202628.30¢22.30¢18.86¢513$145
March 202629.91¢23.44¢18.60¢524$157
February 202629.45¢24.06¢17.65¢581$171
January 202630.14¢24.86¢17.45¢633$191
December 202531.17¢25.75¢17.11¢603$188
November 202530.84¢22.57¢17.77¢455$140
October 202531.18¢22.92¢17.95¢438$137
September 202528.33¢22.34¢18.05¢478$135

Largest utilities in Rhode Island

Residential rates for the biggest utilities in Rhode Island that report monthly to EIA, ordered by number of homes served, for August 2026.

UtilityTypeRateAvg kWhAvg billHomes
The Narragansett Electric CoInvestor Owned27.47¢583$160463,936
Pascoag Utility DistrictMunicipal18.38¢870$1604,405
Block Island Utility DistrictPolitical Subdivision49.56¢773$3831,646

What electricity adds to owning a home in Rhode Island

A typical Rhode Island home is valued at $508,507 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $3,119 a month. The average electric bill of $162 adds about 5% on top of that, or $1,947 a year. See Rhode Island property tax and closing costs or run the monthly payment.

Bills follow the seasons: in Rhode Island the highest-use month of the last year averaged 766 kWh per home and the lowest 438 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in Rhode Island?

Homes in Rhode Island paid an average of 28.18 cents per kWh in August 2026, 55% above the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in Rhode Island?

Over the last 12 months the average Rhode Island home used about 550 kWh a month and paid about $162 a month.

Have Rhode Island electricity rates gone up?

The residential rate is 6.2% higher than in August 2025, when it was 26.53 cents per kWh.

What do businesses pay for electricity in Rhode Island?

Commercial customers in Rhode Island paid 23.31 cents per kWh in August 2026.

Related

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.

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