chart-power-rates-1015.png.crop_display U.S. EIA

Electricity Prices Flat

The average retail price of electricity is expected to be a scant .4 percent higher in 2015 than last year, reaching 12.6 cents per kilowatt hour.

The average retail price of electricity is expected to be a scant .4 percent higher in 2015 than last year, reaching 12.6 cents per kilowatt hour.

The slight rise this year and in 2010 marked the lowest price increases in a dozen years, according to a report by the U.S. Energy Information Administration.

The flat price of electricity is caused by widespread efforts to boost energy efficiency along with continued transformation of our economy and manufacturing sector, experts say.

Flat to declining power sales is considered to be a major factor driving utilities to consider and adopt new business models, a topic to be explored at the upcoming Chicago conference, Empowering Customers and Cities November 4-6.

 

 

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