How much have electricity prices gone up since 2020?
+44.4% from the 2020 average to September 2026, so $100 of electricity in 2020 costs $144.38 now. All prices rose +30.2% over the same time (BLS CPI-U, not seasonally adjusted).
How much electricity prices have gone up
+4.4% in the last 12 months, +44.4% since 2020 · BLS, September 2026
Last 12 months+4.4%all prices +3.7%
Since 2020+44.4%all prices +30.2%
Since 2000+141.2%all prices +95.7%
A year since 19412.84%all prices 3.74%
What $100.00 of electricity in 2020 costs in September 2026
$144.38- Electricity prices since 2020
- +44.4%
- All prices since 2020
- +30.2%
- Faster than inflation by
- 14.2 points
Electricity prices against all prices since 2000
Both indexes set to 100 in 2000. Electricity prices have risen faster than prices overall since 2020.
Electricity prices by year
| Year | Electricity prices | All prices |
|---|---|---|
| Last 12 months | +4.4% | +3.7% |
| 2025 | +6.7% | +2.7% |
| 2024 | +2.8% | +2.9% |
| 2023 | +3.3% | +3.4% |
| 2022 | +14.3% | +6.5% |
| 2021 | +6.3% | +7.0% |
| 2020 | +2.2% | +1.4% |
| 2019 | -0.4% | +2.3% |
| 2018 | +1.1% | +1.9% |
| 2017 | +2.6% | +2.1% |
| 2016 | +0.7% | +2.1% |
| 2015 | -1.2% | +0.7% |
| 2014 | +3.1% | +0.8% |
| 2013 | +3.2% | +1.5% |
| 2012 | -0.5% | +1.7% |
| 2011 | +2.2% | +3.0% |
| 2010 | +0.7% | +1.5% |
| 2009 | -0.5% | +2.7% |
| 2008 | +8.6% | +0.1% |
| 2007 | +5.2% | +4.1% |
| 2006 | +7.5% | +2.5% |
| 2005 | +10.7% | +3.4% |
| 2004 | +2.1% | +3.3% |
| 2003 | +2.6% | +1.9% |
| 2002 | -1.9% | +2.4% |
| 2001 | +6.1% | +1.6% |
| 2000 | +2.6% | +3.4% |
| 1999 | +0.7% | +2.7% |
| 1998 | -3.2% | +1.6% |
| 1997 | -1.3% | +1.7% |
| 1996 | +0.7% | +3.3% |
| 1995 | +2.7% | +2.5% |
| 1994 | +0.6% | +2.7% |
| 1993 | +0.6% | +2.7% |
| 1992 | +1.7% | +2.9% |
| 1991 | +5.0% | +3.1% |
| 1990 | +1.4% | +6.1% |
| 1989 | +2.8% | +4.6% |
| 1988 | +2.8% | +4.4% |
| 1987 | +1.8% | +4.4% |
| 1986 | -1.5% | +1.1% |
| 1985 | +2.7% | +3.8% |
| 1984 | +5.6% | +3.9% |
| 1983 | +3.2% | +3.8% |
| 1982 | +6.5% | +3.8% |
| 1981 | +14.4% | +8.9% |
| 1980 | +16.8% | +12.5% |
| 1979 | +11.3% | +13.3% |
| 1978 | +5.8% | +9.0% |
| 1977 | +4.6% | +6.7% |
| 1976 | +6.4% | +4.9% |
| 1975 | +8.9% | +6.9% |
| 1974 | +22.0% | +12.3% |
| 1973 | +7.2% | +8.7% |
| 1972 | +3.7% | +3.4% |
| 1971 | +5.5% | +3.3% |
| 1970 | +5.4% | +5.6% |
| 1969 | +3.3% | +6.2% |
| 1968 | +0.3% | +4.7% |
| 1967 | +1.3% | +3.0% |
| 1966 | +0.0% | +3.5% |
| 1965 | +0.0% | +1.9% |
| 1964 | -0.7% | +1.0% |
| 1963 | -0.3% | +1.6% |
| 1962 | +0.3% | +1.3% |
| 1961 | +0.0% | +0.7% |
| 1960 | +0.3% | +1.4% |
| 1959 | +2.1% | +1.7% |
| 1958 | +1.4% | +1.8% |
| 1957 | +0.7% | +2.9% |
| 1956 | +0.4% | +3.0% |
| 1955 | +0.7% | +0.4% |
| 1954 | +1.4% | -0.7% |
| 1953 | -0.4% | +0.7% |
| 1952 | +2.2% | +0.8% |
| 1951 | +0.7% | +6.0% |
| 1950 | +0.0% | +5.9% |
| 1949 | +0.4% | -2.1% |
| 1948 | +1.5% | +3.0% |
| 1947 | +0.0% | +8.8% |
| 1946 | -3.3% | +18.1% |
| 1945 | -2.1% | +2.2% |
| 1944 | +0.0% | +2.3% |
| 1943 | -0.4% | +3.0% |
| 1942 | +0.0% | +9.0% |
| 1941 | -0.7% | +9.9% |
December to December, except the first row. U.S. Bureau of Labor Statistics, CPI-U series CUUR0000SEHF01: Electricity bought by households. Source
Biggest moves
- Largest rises: 1974 (+22.0%), 1980 (+16.8%), 1981 (+14.4%).
- Largest falls: 1946 (-3.3%), 1998 (-3.2%), 1945 (-2.1%).
Cite or link to this page
Citation
insytesBI. (2026). Electricity prices inflation since 1941. Data: U.S. Bureau of Labor Statistics, CPI-U, September 2026. https://www.insytesbi.com/calculators/inflation/electricity-prices/Link
<a href="https://www.insytesbi.com/calculators/inflation/electricity-prices/">Electricity prices inflation since 1941</a>Frequently asked questions
What is the inflation rate for electricity prices now?
4.4% over the 12 months to September 2026, against 3.7% for all prices.
When did electricity prices rise the most?
In 1974: +22.0% from December to December. Next were 1980 (+16.8%) and 1981 (+14.4%).
Have electricity prices risen faster than inflation?
Yes: since 2000 electricity prices have changed +141.2%, against +95.7% for all prices. Since 1941 the average is 2.84% a year, against 3.74% for everything.
Where do these numbers come from?
The U.S. Bureau of Labor Statistics consumer price index for electricity bought by households (series CUUR0000SEHF01, U.S. city average, not seasonally adjusted), every month since 1941, refreshed after each monthly release.