Historical electricity prices

Joined
Feb 24, 2005
Messages
3,725
Location
eastern NewMexico
I'll go first.
I found a bill from December 2002.
7.7 cents a kWh.
In Texas. I think all the states where no one wants to live were already around 10 a kWh by this time.
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I divide the bill by kilowatt hours used because of added fees. If you do the math on your bill, it's 11.745 cents a kilowatt hour.
Yeah I take two bills and math out the difference in KWh and dollars charged between them. The marginal rate is what matters, because it's what I can control.

That said, it's 21 cents per KWh for me now.
 
Just two bills ago I saw a rate increase of about 8%...first jump since 2017. Now paying just under $0.13/kwH all in. Still relatively low so glad for that.
 
If you applied utility rate structures to fast food restaurants, a trip to McDonalds would look like this.

Parking lot fee $3
Labor cost $3.50
Rest room charge $1.50 if used, $1.00 if not used
Standing ready to serve a drink charge $0.75 whether or not you actually order a drink
Cost of hamburger, per hamburger 90 cents
Soft drink 5 cents per ounce
Fries 2 cents per fry.
 
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