America’s electricity bills have emerged as an unexpected driver of inflation despite energy costs in general moving downwards.
January’s inflation data shows the electricity index rose 3.8 percent in the last year – above the 3.1 percent overall figure.
But a new study by Texas Electricity Ratings reveals how some bills can vary by as much as $2,400 between states.
Its findings show households in Hawaii are projected to spend the most this year, with their average electricity bill reaching $3,450. This is despite the fact households consume 24 percent less than the national average.
The Aloha state was followed by Maine where bills are projected to be $2,383 on average.
image in link of price ranges