Spring electricity prices have decreased slightly over the past 7 days, with the average rate dropping from 14.88¢ to 14.78¢ per kWh. That’s a modest $1/month savings for a typical 1,000 kWh home. With 122 plans available ranging from 6.24¢ to 23.58¢, the market remains competitive. While we can’t predict future movements, stable-to-declining rates are generally favorable if you’re considering a switch.