Operating expenses for fossil steam power plants run by major United States' investor-owned electric utilities totaled 43.88 mills per kilowatt-hour in 2022. In that same year, figures for hydroelectric power plants amounted to 12.44 mills per kilowatt-hour, the cheapest costs among the reported plant types.
Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022
(in mills per kilowatt-hour)
including operation, maintenance, and fuel expenses
Supplementary notes
* Includes gas turbine, internal combustion, photovoltaic, and wind plants.
** Includes conventional hydro and pumped storage. Figures are compiled from several editions of the publication. According to the source, a mill equals to 1/1,000 of the U.S. dollar (equivalent to 1/10 of one cent). Totals may not equal sum of components because of independent rounding.
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EIA. (October 19, 2023). Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022 (in mills per kilowatt-hour) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/
EIA. "Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022 (in mills per kilowatt-hour)." Chart. October 19, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/
EIA. (2023). Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022 (in mills per kilowatt-hour). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/
EIA. "Average Power Plant Operating Expenses for Major Investor-owned Electric Utilities in The United States from 1998 to 2022 (in Mills per Kilowatt-hour)." Statista, Statista Inc., 19 Oct 2023, https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/
EIA, Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022 (in mills per kilowatt-hour) Statista, https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/ (last visited July 27, 2024)
Average power plant operating expenses for major investor-owned electric utilities in the United States from 1998 to 2022 (in mills per kilowatt-hour) [Graph], EIA, October 19, 2023. [Online]. Available: https://www.statista.com/statistics/195814/us-power-plant-operating-expenses-since-1998/
