Average Electricity Bills by State
What is the Average Electric Bill in 2024? The average electric bill in the United States based on the typical monthly energy usage is $147.71. This is based on the most recent pricing data from the U.S. Energy Information Administration (EIA) and the average monthly...
PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing?
PJM Capacity Auction Skyrockets 833% – Is This Going to Affect Energy Pricing? Prices at PJM’s annual capacity auction skyrocketed to $269.92 an increase of 833% over the previous year which closed at $28.92 as supply dwindled and demand increased. This means...
The Best Time to Lock In Electricity Rates
Energy suppliers offer many different types of electricity rates, but they can be divided into 3 categories: variable, fixed, and custom rates. You might ask yourself “Should I lock in my electric rate, or remain on a variable rate and pay the market price month to...
What Industries Consume the Most Electricity?
The industrial sector accounts for 33% of all the electricity used in the world (the largest sector for energy consumption is residential housing, followed by commercial businesses). According to the U.S Energy Information Administration, in the United States, 77% of...
