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Thursday, April 17, 2014

Electricity Price Surged to All-Time Record for March

The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013.

The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September.

If the prevailing trend holds, the average price of a KWH would hit a new record this summer.

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3 comments:

Anonymous said...

oh but the smart meters were supposed to make it go down...

Hmmm I guess you people will never learn... A Conspiracy is not one if it is actuality...

God help us, nothing but stupid people live in this country...

None said...

And that's why my new house has all energy efficient appliances, LED/CFL lighting, HE propane furnaces and tankless water heater. Our 5yr plan is to put a 1000kW solar system on the roof.

Anonymous said...

My bill was the highest ever since I lived in this house for the past 20 years. You idiots keep voting for Democrats and they are the ones that allowed power companies to raise the prices.