Electric Bills in West, Midwest, East Virtually Constant for Years

At around $3.50 daily, electric bills are less than telephone bills on average

Today we continue to mine the mother lode, the 2015 Consumer Expenditure Survey released last week by the Labor Department, on what consumers spend on everything, including electric and natural gas service.

As we wrote yesterday, at four bucks a day, electric service averages 2.61 percent of Americans’ consumer expenditures. It’s a considerably lower percentage if expenditures made on behalf of consumers are counted, by government, insurance, etc.

The regional differences are dramatic.

Four Bucks a Day

Average residential electric bill fell to four dollars daily in 2015

Four bucks a day. On the nose. That's what the average American household pays for their home's electric utility service.

Last week, the Labor Department released the results of the Consumer Expenditure Survey for 2015. It's the mother lode, on what consumers spend for everything, including electric and natural gas service.

The average daily electric bill is down seven cents from 2014. That's a 1.62 percent drop in electricity's cost to consumers. It would be a larger drop if you took inflation into account.

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Have a Happy Fourth of September!

Lewis Latimer’s birthday, Pearl Street Station’s anniversary

What's so special about this Sunday, the Fourth of September? It's both Lewis Latimer's birthday and the hundred and thirty-fourth anniversary of Pearl Street Station.

Here's an excerpt from the September issue of Public Utilities Fortnightly heading your way:

On September 4, 1848, Lewis Latimer was born in Chelsea, Massachusetts. His parents were slaves in Virginia who escaped to Boston. The slave owner came to Boston to reclaim them, in one of the most important cases of the abolitionist movement. The slave owner was eventually paid for their freedom.

Zero-Carbon and Low-Carbon Power Rising

Zero-carbon power increased 7.3 percent, while power with emissions decreased 7.1 percent.

Of all the nation’s electricity, 35.8 percent was generated without emitting carbon dioxide, this year through June. The remaining 64.2 percent was generated with emissions. 

57.1 percent of the zero-carbon power came from nuclear plants. 16.6 percent came from wind farms. 3.5 percent came from solar. 

Housing Market Drives Electric Market

New houses use much more electricity and drive electricity consumption growth.

Want to know why electricity consumption isn't growing that much? Look no further than the Census Department stats on new single-family houses.

In 2015, 648 thousand new single-family houses were completed nationally. That's up forty-five percent from 2011. But down sixty-one percent from 2006.

Why is the housing recovery from 2011 and lingering housing recession from 2006 so important for us in utility regulation and policy? 

Off Peak: What Ernie Knew!

A crestfallen witness, a respectful commission
Public testimony was the highlight of many public utility rate increase request hearings during my years as a commissioner on the Wisconsin Public Service Commission. Rarely was a public witness cross-examined by the utility’s attorney or by the commissioners. Here’s an example of the latter.

Michael Faraday, Lewis Latimer, Pearl Street

September Birthdays
On September 22, 1791, one of the greatest scientists in history, Michael Faraday, was born in Newington Butts, England (now in London). James Clerk Maxwell extended Faraday’s work to develop our theories of electricity and magnetism.