Which States Have the Lowest Energy Costs?

If you’re tired of paying outrageous energy bills, you may want to consider moving to a new state – at least, according to WalletHub’s latest study on the most and least energy-expensive states. The study’s findings make it clear that where you live affects how much you pay for utilities in a big way. The personal finance website compared monthly energy bills in all 50 states plus the District of Columbia to understand how consumption habits and location impact energy expenditure and utility bills. The four categories of residential energy that the study examined included: electricity, natural gas, motor fuel and home heating oil. So what are the states with the lowest energy costs? According to WalletHub, you’re more likely to save on energy costs if you live in these 10 states, below.

The 10 states with the lowest energy costs

The least energy-expensive states in the U.S. include:

District of Columbia

Colorado

Washington

Louisiana

Arkansas

Hawaii

Illinois

Tennessee

New York

Iowa

Which states have the highest energy costs?

Of course, not every state enjoys low energy costs. Some are simply more energy-expensive than others. According to WalletHub, here are the 10 most energy-expensive states in the country, in order from most expensive to least expensive:

  1. Connecticut – The total monthly energy cost in Connecticut is $373.
  2. Wyoming – The total monthly energy cost in Wyoming is $363.
  3. Alaska – The total monthly energy cost in Alaska is $359.
  4. Georgia – The total monthly energy cost in Georgia is $344.
  5. Massachusetts – The total monthly energy cost in Massachusetts is $336.
  6. Indiana – The total monthly energy cost in Indiana is $333.
  7. Alabama – The total monthly energy cost in Alabama is $333.
  8. Maine – The total monthly energy cost in Maine is $332.
  9. Oklahoma – The total monthly energy cost in Oklahoma is $331.
  10. New Hampshire – The total monthly energy cost in New Hampshire is $329.

Want to save on your utility bills?

By shifting consumption habits and making your home more energy-efficient, you can save on energy costs. A few easy ways to save money on those upcoming utility bills include investing in ENERGY STAR appliances and products, air drying clothes, taking shorter showers and turning off household lights when you leave the room. For more information on utility bills and ways to save, check here.

Ready to move to one of the least energy-expensive states in the U.S.?

To learn more about cities within these states, check out Moving.com’s City Profile Report feature. Our reports include city demographics, real estate information and various quality of life factors. Simply enter the zip code or the state and city of your potential move, and get a free report at the click of a button. If you think you want to make one of these states your new home, you may need to hire professionals to handle your relocation. To find a trustworthy moving company, check out Moving.com’s extensive network of reputable and reliable movers – all licensed and insured. By choosing a Moving.com mover, you can rest assured that your move will be in good hands.