Rhode Island Electricity Prices

Rhode Island sits in the most expensive quarter of the country — 29.46¢ per kilowatt-hour in May 2026, 4th-highest of 51 and 51.8% above the national benchmark. The index reports the published average, not its causes.

At Rhode Island's May 2026 average of 29.46¢/kWh, 10,500 kWh of annual use works out to $3,093 a year — around $258 a month. Running the same 10,500 kWh calculation at the May 2026 national benchmark rate gives $2,038 — a $1,055 gap between the two published averages, more for Rhode Island, not a bill either way.

Over the full EIA series the Rhode Island jurisdiction average has risen 146% since January 2001, from 11.96¢ to 29.46¢ in May 2026 — a compound 3.6% per year. Rhode Island is among the most month-to-month variable third of jurisdictions.

November 2024, at 35.61¢ per kilowatt-hour. The May 2026 reading of 29.46¢ sits 17.3% below that peak. The lowest monthly average on record was 9.29¢ in March 2002.

December. Measured over the 25 complete calendar years the EIA series covers for Rhode Island, 2001 through 2025, December runs highest relative to its own year and July runs lowest — a swing of roughly 10.4 percentage points.

Among Rhode Island and its land-border neighbours in May 2026, Connecticut posts the lowest average at 27.37¢ and New York the highest at 29.93¢. Rhode Island ranks 3rd of 4 in the group, at 29.46¢.

Almost certainly not exactly, and this is the one caveat that governs every figure on this page. The published value is the EIA residential average across every utility and residential rate class in Rhode Island for May 2026 — a benchmark, never a billed amount. Even the jurisdiction figure is not one number — across the trailing year it moved between 26.18¢ in July 2025 and 31.16¢ in October 2025. Your own rate depends on your utility, tariff, usage tier, time-of-use schedule, and fixed monthly charges, none of which this index models. Read your bill for the rate that applies to you.