Are your electricity bills getting higher and higher each month, year by year? It’s no coincidence!
Retail residential electricity rates (the amount you pay per kilowatt-hour, or ¢/kWh) have sharply risen across the nation: about 27% over the last 3 years.
This trend is unlikely to be disrupted in the future: natural gas prices are likely only to increase, and as they do, electricity rates will rise.