The average residential electricity rate in Missouri (MO) is $0.1228 per kWh as of April 2026, according to the US Energy Information Administration (EIA). This is far below the national average of $0.1805/kWh, ranking Missouri #8 out of 51 (all 50 states plus Washington DC), where #1 is the cheapest and #51 is the most expensive. The average Missouri household consumes 1,132 kWh per month, resulting in a monthly electric bill of approximately $139 and annual electricity costs of about $1,668.
Missouri benefits from diverse generation sources including nuclear, coal, gas, and growing wind capacity.
This comprehensive guide covers Missouri electricity rates, historical trends, utility providers, bill calculation, solar savings potential, and actionable tips to reduce your electric bill. All rate data is sourced from the US EIA and updated monthly. Use our electricity cost calculator for personalized estimates.
Missouri residential electricity rates have increased 12% over the past six years. The table below shows the trajectory compared against the national average.
| Year | Missouri ($/kWh) | National Avg | Difference |
|---|---|---|---|
| 2020 | $0.1098 | $0.1322 | -17% |
| 2022 | $0.1170 | $0.1492 | -22% |
| 2024 | $0.1200 | $0.1680 | -29% |
| Apr 2026 | $0.1228 | $0.1805 | -32% |
Missouri has a regulated electricity market. The primary providers are: Ameren Missouri, Evergy, Empire District Electric.
Missouri generates electricity from: Nuclear 28%, Coal 27%, Natural gas 22%, Wind 14%, Solar 5%, Other 4%.
Your monthly electric bill = kWh Used × Rate per kWh. The average Missouri household uses 1,132 kWh/month.
Ameren Missouri offers Peak Time Savings credits for reducing usage during summer peak events. The Callaway Nuclear Plant provides 28% of state generation.
Universal strategies: adjust thermostat 2-3 degrees (saves 5-10% on HVAC), switch to LEDs (see our LED savings calculator), unplug phantom loads (saves $100-200/year), and run major appliances during off-peak hours if your utility offers time-of-use pricing. For larger investments, consider a heat pump, better insulation, or a smart thermostat.
Missouri receives 4.5 peak sun hours/day. A 6 kW system produces ~8,081 kWh/year, saving ~$992/year. With the 30% federal ITC, payback is typically 8-12 years. Use our solar panel calculator and solar ROI calculator for personalized estimates.
| State | Rate ($/kWh) | Avg Bill | Market |
|---|---|---|---|
| Missouri (MO) | $0.1228 | $139 | Regulated |
| Arkansas (AR) | $0.1148 | $133 | Regulated |
| Illinois (IL) | $0.1530 | $117 | Deregulated |
| Iowa (IA) | $0.1418 | $131 | Regulated |
| Kansas (KS) | $0.1398 | $143 | Regulated |
| Kentucky (KY) | $0.1198 | $143 | Regulated |
| Nebraska (NE) | $0.1198 | $122 | Regulated |
| Oklahoma (OK) | $0.1178 | $137 | Regulated |
| Tennessee (TN) | $0.1212 | $149 | Regulated |
Data source: US Energy Information Administration (EIA), Electric Power Monthly, April 2026. Rates shown are average residential rates and may differ from your specific utility tariff. Solar estimates assume a 6 kW system with 82% efficiency factor. Always verify current rates with your utility provider.