(The Center Square) – Wisconsin ranks 35th on a list of states with affordable electricity with an average price of 12.72 cents per kilowatt hour.
North Dakota topped the list with the lowest price of 7.93 cents per kilowatt hour while Hawaii (38.0) and California (27.04) ranked lowest on the list.
The American Legislative Exchange Council ranks the affordability of energy across the country each year and the new report was produced using the most recently available data from 2024.
Wisconsin’s Public Service Commission has continued to approve increase rates since the report in the data.
The PSC approved Jan. 1 increases with a $31.3 million increase settlement to residential rates for electricity and natural gas for Madison Gas and Electric customers over the next two years soon after similar approvals for Alliant Energy and Xcel Energy that amount to $300 million in increases, meaning the three combined increases will be valued at more than $330 million.
“Wisconsin ranks in the bottom half of states in electricity affordability. Its electricity mix is led by natural gas and coal, with nuclear and smaller renewable contributions from solar and hydro,” the report states. “The state operates as an importer of electricity, balancing its generation with regional demand.”
