Locator: 49793SOLAR.
Electricity rates by state, link here, composite, all sectors (residential, commercial, industrial, transportation):
Most expensive (Hawaii is not included for obvious reasons):
- California: 29.31 cents
- Connecticut: 26.83 cents
Least expensive:
- Wyoming: 9.91 cents
- Idaho: 9.86 cents
- Louisiana: 9.61 cents
- North Dakota: 8.42 cents
So, taxpayers high prices for electricity in California as usage of solar energy increases, and those same taxpayers pay to subsidize solar energy.
Narrative, California:
California's electricity costs have risen significantly over time, with rates increasing at a much faster pace than general inflation in recent years.
Average residential rates grew by 47% between 2019 and 2023, and some customers experienced annual increases as high as 23%.
These hikes are driven by factors like necessary grid upgrades and wildfire mitigation, and have outpaced general inflation since around 2020.
Historical cost changes 2019-2023:
- the average residential electricity rate increased by 47%, far outpacing inflation. 2001-2020:
- the average commercial retail price of electricity increased by approximately 3.5% per year. 2018-2022:
- one customer's electricity costs increased by 37% in just five years. 2020-2023:
- California's electricity price inflation averaged 15.3% during this period, which was 271% higher than the general inflation rate.
Not one mention of cost of electricity based on source: coal, natural gas, solar, wind.
