Spring electricity prices have decreased slightly over the past 7 days, with average rates dropping from 15.45¢ to 15.31¢ per kWh. That’s about a $1.40/month decrease for a typical 1000 kWh home. With 118 plans available and rates ranging from 7.4¢ to 23.58¢, the market remains competitive. While we can’t predict future movements, stable-to-declining rates are generally favorable for switching.