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Wisconsin Electricity Prices

Average retail price by sector. Latest data: May 2026.

Residential
19.74¢ /kWh
▲ 4.2%vs. last year
Commercial
13.68¢ /kWh
▲ 3.3%vs. last year
Industrial
9.00¢ /kWh
▲ 4.2%vs. last year

Average monthly bill

Full bill breakdown →
$123per month▲ 7.5% vs. the year before

18.56¢/kWh × 664 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to May 2026 — the 41st highest among the 50 states and DC.

Compared with the U.S. and neighboring states

Average monthly residential electricity bill, in US dollars
Wisconsin
$123
U.S. average
$155
Illinois
$132
Michigan
$131
Iowa
$119
Minnesota
$119

Wisconsin is $32 a month below (-20.8%) the U.S. average of $155. Average monthly bill, June 2025 – May 2026.

How Wisconsin makes its electricity

Fuel mix & 10-year trend →Power plants →
Renewable
14.8%
Carbon-free
30.1%
Largest source
Natural gas 37%
Wisconsin electricity generation by source, June 2025 – May 2026
SourceShareGeneration
Natural gas36.7%24,112 GWh
Coal33.1%21,740 GWh
Nuclear15.3%10,043 GWh
Wind2.9%1,891 GWh
Solar6.4%4,212 GWh
Hydro3.7%2,465 GWh
Other2.0%1,305 GWh

65.8 TWh of net generation over the 12 months to May 2026. Generation, not consumption — power crosses state lines.

Wisconsin electricity prices in context

Wisconsin's residential electricity rate stands at 19.74¢/kWh as of May 2026, ranking 17th among the 50 states and DC. This is 1.30¢/kWh above the national average of 18.44¢/kWh, placing the state 7% higher than the US figure. Among bordering states, Wisconsin sits in the middle range: Iowa offers cheaper power at 14.14¢/kWh and Minnesota at 16.95¢/kWh, while Michigan and Illinois both exceed Wisconsin's rate, at 22.01¢/kWh and 23.85¢/kWh respectively. Commercial and industrial rates follow the same pattern, at 13.68¢/kWh and 9.00¢/kWh.

The rate has climbed steadily over the longer term. Since May 2021, it has risen 29.1% from 15.29¢/kWh. Over two decades since May 2006, the increase stands at 80.1% from 10.96¢/kWh. The longest view shows a 164.6% jump since records began in January 2001 at 7.46¢/kWh. The current rate of 19.74¢/kWh marks the highest point in the state's history.

The average residential bill in Wisconsin is $123 per month on usage of 664 kWh, substantially lower than the national average of $155 on 871 kWh. This reflects Wisconsin's below-average consumption despite rates above the national mean, resulting in a bill that sits well below the US figure.

Written from the EIA figures on this page, covering data through May 2026.

12-month trend

ResidentialCommercialIndustrial
7.7¢11¢14¢17¢21¢Jun '25Sep '25Dec '25Feb '26May '26ResidentialCommercialIndustrial

Residential history since 2001

6.5¢10¢14¢17¢21¢Jan '01May '07Sep '13Jan '20May '26
Jan '01
7.46¢
Now
19.74¢
Change
▲ 164.6%
Range
7.46–19.74¢

Recent months

MonthResidentialCommercialIndustrial
May 202619.7413.689.00
April 202619.2113.388.84
March 202618.8013.428.66
February 202618.7413.989.13
January 202618.2013.109.46
December 202517.8412.668.56
November 202518.3912.878.64
October 202518.3712.998.70
September 202518.7313.429.31
August 202518.5213.619.52
July 202518.2513.379.86
June 202518.5213.359.62

Prices in ¢/kWh.

Frequently asked questions

›How much does electricity cost in Wisconsin?
Residential electricity in Wisconsin costs 19.74¢ per kilowatt-hour as of May 2026, the 17th highest rate among the 50 states and DC. Commercial customers pay 13.68¢ and industrial customers 9.00¢ per kilowatt-hour.
›Why is electricity expensive in Wisconsin?
Wisconsin's residential rate of 19.74¢/kWh is +10.7% versus the U.S. average of 17.84¢/kWh. What a household actually pays also depends on how much it uses: the typical Wisconsin home consumes 664 kWh a month against a national average of 871 kWh, which is why its average bill comes to $123.
›Have electricity prices in Wisconsin gone up?
Residential electricity in Wisconsin has moved +164.6% since 2001, reaching 19.74¢/kWh in May 2026. Over the last year alone the change was +4.2%.
›Is electricity cheaper in states neighboring Wisconsin?
Of the states bordering Wisconsin, Minnesota has the lowest average monthly bill at $119 and Illinois the highest at $132. Wisconsin averages $123 a month, against a U.S. average of $155.