In contrast to the steep decline in the gasoline price index over the past year (which led to a decline in the overall Consumer Price Index), the seasonally adjusted electricity price index hit an all-time high in January.
In January, the seasonally adjusted price index for electricity was 212.290. That was up from 210.489 in December, which was the record up until then. Before that, the high had been the 209.341 recorded in March of last year.
The annual electricity price index set a record in 2014 of 208.020 up from 200.750 in 2013.
Fossil fuels keep getting cheaper; wind and solar keeps adding to the cost of electricity rates.
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