Electricity Prices Are Down, So Are Consumers Using More?
Electricity prices have fallen dramatically in several regions, especially adjusted for inflation, but is this leading to greater consumption?
The Consumer Price Index was published last Tuesday for the period through April. Electricity? The CPI for electricity has fallen 2.1 percent, April 2016 as compared with a year ago, April 2015.
During the same period, the overall CPI has risen 1.1 percent. This means electricity is significantly less expensive than it was last year.
Electricity prices have fallen dramatically in several regions, especially adjusted for inflation.
