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The High Cost of Free Energy

July 4, 2013

Watts Up With That?

Guest Post by Willis Eschenbach

I will take as my departure point the following rather depressing chart from the US Energy Information Agency (EIA). It shows the rise in US electricity prices since 2001:

EIA average retail price of electricity monthlyFigure 1. Increase in energy costs for the industrial, commercial, and residential sectors, along with the average, from the EIA. SOURCE

That is a 50% increase in electricity costs in about a decade, and as you can see, we’re getting shafted. Now, it may be that the advent of “SmartMeters” is responsible for the decoupling of the different types of rates in 2009. I say that because residential has continued to increase post 2009, while commercial and industrial have stayed about level. But that’s just a guess, and coupled or not, prices are way up.

I got to thinking about that, and about the difference in the price of electricity from state to state, as shown…

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