Compare the Value of Electricity

in Your Life
 

From powering our homes and businesses to energizing entire communities, electricity is there when you need it. As consumers, we directly or indirectly use electricity almost all the time. While the per kilowatt hour price of electricity has been on the rise due to government regulations and legislative changes, the contribution of electrical energy in our lives remains one of the best values your dollar can buy.

• Over the past 10 years, gasoline has shot up 10.9 percent on average every single year, according to the U.S. Bureau of Labor Statistics. A loaf of white bread has increased 4.2 percent annually and a dozen eggs 6.5 percent per year.
• For more than 30 years, the price of the basic unit of electricity has stayed relatively low, while we are using much more electricity to power more items each year.
• We are using electricity in new ways: from computers and cell phones to big-screen televisions; from electronic picture frames and DVD consoles to gaming consoles like Xbox®, Wii® and PlayStation® for our entertainment.
• Our houses are also larger today. In the 1970s, American homes were around 1,500 square feet—now they average more than 2,200 square feet—so we are cooling and heating much more space.

When you consider how reliable electricity is, the value goes up even more. It is an undeniable bargain and one of life’s great conveniences. 

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