Obama Delivers on Promise to Make Electricity Prices Skyrocket
This story and video were published in CNSNews.com reporting on electricity prices released by the Bureau of Labor Statistics:
Thursday, April 17, 2014
Millions of Americans are dealing with skyrocketing electricity prices and it looks like costs will be going even higher.
The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013.
The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September.
If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Read the rest of this Patriot Update article here: http://patriotupdate.com/2014/04/obama-delivers-promise-make-electricity-prices-skyrocket/#KoeCCEHJHzZ4xYov.99
Read the rest of this Patriot Update article here: http://patriotupdate.com/2014/04/obama-delivers-promise-make-electricity-prices-skyrocket/#KoeCCEHJHzZ4xYov.99
Each year and every month that goes by, the rates just go higher. Flat rates can be locked in for as long as five years and the sooner a company switches away from their incumbent utility, the more money will be saved both short and long term.
