Sunday, May 19, 2024
Hawai'i Free Press

Current Articles | Archives

Wednesday, December 14, 2011
Household Electricity Bills Skyrocket as Green Energy Bubble Swells
By NCPA @ 12:00 PM :: 4899 Views :: National News, Ethics

Household Electricity Bills Skyrocket


Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity, says USA Today. (And surprise, surprise, this correlates precisely with the green energy bubble.--Editor)

  • Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive yearly increase above the inflation rate.
  • The jump has added about $300 a year to what households pay for electricity.
  • That's the largest sustained increase since a run-up in electricity prices during the 1970s.
  • Electricity is consuming a greater share of Americans' after-tax income than at any time since 1996 -- about $1.50 of every $100 in income.

Greater electricity use at home and higher prices per kilowatt hour are both driving the higher costs, in roughly equal measure:

  • Residential demand for power dropped briefly in 2009 but rebounded strongly last year to a record high.
  • Air conditioners and household appliances use less power than ever.
  • But consumers have bigger houses, more air conditioning and more electronics than before, outpacing gains in efficiency and conservation.

Prices are climbing, too, hitting a record 11.8 cents per residential kilowatt hour so far this year, reports the Energy Information Administration. The increase reflects higher fuel prices and the expense of replacing old power plants, including heavily polluting -- but cheap to operate -- coal plants that don't meet federal clean air requirements.

Electricity cost varies widely depending on where you live. Cheapest: Northwest communities near hydropower dams -- as low as 2 cents per kilowatt hour. Most expensive major utility: Consolidated Edison, supplier of New York City -- 26 cents per kilowatt hour. (Apparently HECO doesn't qualify as a 'major' utility.--Editor)

A potential bright spot: Electric bills appear roughly the same so far this year as last when adjusted for inflation, based on preliminary reports. However, the future of energy prices and the upcoming closure of more polluting coal plants make the long-term outlook cloudy for consumers.

Source: Dennis Cauchon, "Household Electricity Bills Skyrocket," USA Today, December 13, 2011.


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii