How Much Does Electricity Cost in the US?
Question: Which US States Have the Cheapest or Most Expensive Electricity Prices?
On March 30, 2010, the National Renewable Energy Laboratory published a map of the average US residential electricity price by utility service territory. The average electricity price data is based on 2008 EIA data. Electricity price is visually represented using a yellow to red color spectrum to express concentrations.
- $0.05 – $0.07 cents/kWh: Washington, Idaho, Wyoming, Minnesota & Kansas appear to have the lowest electricity prices.
- $0.07 – $0.11 cents/kWh: North Dakota, Utah, Northern tip of California, Wyoming, South Dakota, Nevada, Minnesota, Iowa, Missouri, Kentucky and West Virginia, Florida, Georgia and Tennessee
- $0.11 – $0.15/kWh: Montana, Oregon, Nevada, Colorado, Arizona, Oklahoma, Arkansas, Alabama, Wisconsin, Missouri, Ohio, Vermont, New York, New Hampshire and North Carolina
- Greater than $0.15 cents/kWh: Texas, Hawaii, Rhod Island, Connecticut, New Jersey, Maryland, New Hampshire, Massachusetts, Colorado, North Carolina, Alabama
- Most Varied Prices: Colorado, New Mexico, Texas, Oklahoma, Louisiana, Wisconsin, Pennsylvania, Virginia and North Carolina
Do You Know How Much You’re Paying for Your Electricity?
The easiest way of course would be to look at your bill. But what if you already know this and want to know why? Many of us simply pay for our electricity bills without thinking twice. But did you know that you could save anywhere from 10 – 15% off your electricity bill just by increasing your energy usage habits?
There are several products on the market today that can help you monitor your home’s electricity usage to get you started on saving money on electricity every month. Here they are:
If you have any questions, feel free to give one of our power metering specialists a call toll free at 1.877.766.5412
Do you think you’re paying too much for electricity or think you’re being over-billed? let me know in your comment below!