Electricity Costs Skyrocket $300 More Per Household Over Last 5 Years



A recent USA Today analysis has found that electric bills have skyrocketed in the last five years, averaging $1,419 per U.S. household for electricity in 2010, which is $300 more than five years ago. Last year was the fifth consecutive yearly increase above the inflation rate for electricity, the largest sustained increase since a run-up in electricity prices during the 1970s.
While you may first excuse this troubling increase as the result of the multitude of new iProducts and other electronics currently charging in your household, modern electronics and appliances require far less electricity than older models did. TIME Moneyland blog notes that a new refrigerator requires half the electricity of its early ’90s counterpart, with today’s air-conditioners consuming far less electricity as well.
Read More: http://cowboybyte.com/2587/electricity-costs-skyrocket-300-more-per-household-over-last-5-years/

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