Missouri Electricity Prices

Missouri's residential electricity rate in May 2026 stood at 13.68¢/kWh, well below the national average of 18.44¢/kWh—a difference of 4.76¢/kWh or 25.8%. This places the state 45th among the 50 states and DC, ranking toward the cheaper end of the national distribution. Among bordering states, Missouri's rate falls in the middle range, higher than Nebraska at 13.59¢/kWh and Oklahoma at 13.38¢/kWh but lower than Arkansas at 14.36¢/kWh, Tennessee at 14.47¢/kWh, Kentucky at 14.98¢/kWh, and Kansas at 15.13¢/kWh. Illinois, to the north, carried a significantly higher rate at 23.85¢/kWh.

Over the past five years since May 2021, Missouri's residential rate has climbed 20.2%, rising from 11.38¢/kWh. The longer view shows even steeper growth: the rate has increased 67.4% since May 2006 and 133% since records began in January 2001, when electricity cost just 5.87¢/kWh. The current rate remains below the state's record high of 15.91¢/kWh reached in June 2025 but sits well above the historical low.

A typical Missouri household used 1,046 kWh in a month, generating an average bill of $145. This usage ran notably higher than the national average of 871 kWh per month, yet the resulting bill fell $10 short of the national average bill of $155, reflecting the state's lower rates. Commercial electricity in Missouri cost 10.25¢/kWh and industrial power 7.89¢/kWh. Year over year, residential rates rose 5.1% from May 2025.