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Economy
Price of Electricity Hit Record for October; Up 42% in Decade
2013-11-23
[CNSNEWS] The price of electricity hit a record for the month of October, according to data released Wednesday by the Bureau of Labor Statistics. That made October the eleventh straight month when the average price of electricity hit or matched the record level for that month.

The average price of electricity in October was 13.2 cents per kilowatt hour (KWH), up from 12.8 cents per KWH in October 2012--and up from 9.3 cents per KWH in October 2003.

Americans now pay 42 percent more for electricity than they did a decade ago.

In November 2012, electricity was 12.7 cents per KWH, which was down from the 12.8 cents per KWH price of November 2011. But, in December 2012, the price of electricity stayed at 12.7 cents per KWH, matching the record monthly price of 12.7 cents per KWH that had been reached in December 2011.
Posted by:Fred

#7  Yes, it's called inflation...duh.

This is what happens when they stop teaching math in schools. Or economics.

Would it be rude to mention Obama's little-reported promise that "under my plan, electricity rates would skyrocket"?
Posted by: SteveS   2013-11-23 13:02  

#6  The war on coal is already doing better than the War on Poverty.
Posted by: Bobby   2013-11-23 12:08  

#5  Amazing. Is that really six things wrong in a three point run on statement?
Posted by: swksvolFF   2013-11-23 11:45  

#4  
Terribly sorry, but due to the exchange rate (0.949470,) Canadian trolls don't get a full comment.
Posted by: Pappy   2013-11-23 11:44  

#3  
Posted by: Jerkface Killa   2013-11-23 08:13  

#2  I'm building a Solar System, so there.
Yes it's expensive, but Electricity is damn unaffordable.

(They've done wonders making Power available, but not cheap enough.)

Hey Obama, How about free electricity, you want to lie about insurance, try power.
Posted by: Redneck Jim   2013-11-23 07:56  

#1  "Americans now pay 42 percent more for electricity than they did a decade ago."

Yes, it's called inflation...duh.

Posted by: Jerkface Killa   2013-11-23 07:11  

00:01