Energy ยท Manufacturing pulse
What manufacturing energy costs.
U.S. manufacturing energy costs: industrial electricity price for every state on a tile map, plus natural gas, diesel, and crude, each with a six-month
Headline energy benchmarks
- Industrial electricity: 8.66 cents per kWh, U.S. average (EIA, Apr 2026).
- Industrial natural gas: 4.9 per Mcf (EIA, Apr 2026).
- On-highway diesel: $4.67 per gallon (EIA).
- WTI crude: $71.87 per barrel (EIA).
Cheapest states for industrial power
- Oklahoma: 5.9 cents per kWh.
- Montana: 6.0 cents per kWh.
- Arkansas: 6.2 cents per kWh.
- Iowa: 6.3 cents per kWh.
- New Mexico: 6.3 cents per kWh.
- Texas: 6.3 cents per kWh.
Most expensive states for industrial power
- Hawaii: 38.3 cents per kWh.
- Alaska: 24.9 cents per kWh.
- District of Columbia: 22.4 cents per kWh.
- Rhode Island: 20.8 cents per kWh.
- California: 19.9 cents per kWh.
- Massachusetts: 18.6 cents per kWh.
The EIA outlook
- EIA projects industrial electricity at 8.84 cents/kWh in 2026 and 8.86 cents/kWh in 2027 (Short-Term Energy Outlook).
- EIA projects industrial natural gas at 4.83 USD/Mcf in 2026 and 4.43 USD/Mcf in 2027 (Short-Term Energy Outlook).
- EIA projects retail diesel at 4.87 USD/gal in 2026 and 4.39 USD/gal in 2027 (Short-Term Energy Outlook).
- EIA projects WTI crude at 88.32 USD/bbl in 2026 and 74.39 USD/bbl in 2027 (Short-Term Energy Outlook).
Last reviewed 2026-05-12.