2015’s Most & Least Energy-Expensive States

From Wallet Hub

With July tending to be the month with the highest energy consumption and summer being the season that most Americans relocate to start a new family or career, the leading personal finance website WalletHub followed up on its analysis of the Best & Worst Cities for Families with an in-depth look at 2015's Most & Least Energy-Expensive States.

To help consumers gauge their energy expenses relative to where they live or plan to move, WalletHub compared the average monthly energy bills in each of the 50 U.S. states and the District of Columbia. We used eight key metrics to examine the consumption rates and prices of four different energy types: electricity, natural gas, motor fuel and home heating oil.

Hawaii Ranks 28th Overall:

• $307--Total Energy Cost (Rank--28th)
• $179--Monthly Electricity Cost (Rank--51st)
• $5--Monthly Natural Gas Cost (Rank--3rd)
• $122--Monthly Motor Fuel Cost (Rank--18th)
• $0.002--Monthly Home Heating Oil Cost (Rank--3rd)

Key Stats

• The average monthly consumption of electricity per total housing units in Louisiana is triple that in Hawaii.
• The average retail price of electricity in Hawaii is four times higher than in Washington.
• The average residential prices of natural gas in Hawaii are seven times higher than in North Dakota.
• The average monthly motor-fuel consumption per driver in Wyoming is three times higher than in the District of Columbia.
• In Northeastern states, between 10 percent and 66 percent of households use heating oil for heating, compared with less than 3 percent of households in the rest of the U.S.

For the full report and to see where your state ranks, please visit: LINK