Rhode Island Electricity Rates (2026)
29.5¢/kWhstate average
81.9% above national averageUtilities in Rhode Island
Individual utility data for Rhode Island is coming soon. The state average residential rate is 29.5¢/kWh.
Rate Outlook for Rhode Island
Rhode Island's average residential electricity rate is currently 29.5 cents/kWh. Under EIA's reference scenario, rates are projected to reach 34.8 cents/kWh by 2031 and 39.6 cents/kWh by 2036, a 34.4% change. Under the high oil price scenario, rates could reach 41.2 cents/kWh.
EIA projections for Rhode Island vs. actual observed rates
Projected residential electricity rates for Rhode Island (next 10 years)
| Year | Reference (¢/kWh) | High Price | Low Price |
|---|---|---|---|
| 2026 | 32.6 | 33.0 | 32.5 |
| 2027 | 31.5 | 31.9 | 31.5 |
| 2028 | 31.9 | 32.2 | 32.1 |
| 2029 | 32.7 | 33.0 | 32.9 |
| 2030 | 33.6 | 34.0 | 33.9 |
| 2031 | 34.8 | 35.4 | 35.3 |
| 2032 | 35.8 | 36.8 | 36.2 |
| 2033 | 37.3 | 38.3 | 37.5 |
| 2034 | 38.3 | 39.3 | 38.3 |
| 2035 | 39.1 | 40.3 | 39.0 |
| 2036 | 39.6 | 41.2 | 39.6 |
Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.
Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to Rhode Island's current observed rate. EIA does not publish state-level projections.
Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.