PA Electricity costs rank in the middle of the pack, with many NE states leading the pack with highest electricity prices, while Washington State ranks the lowest.
Home owners may find higher electricity costs are taking a bigger chunk from their wallet. The average price of electricity to residential customers reached its highest point in May than in the past two years, increasing 3.4 percent year-over-year, according to the U.S. Energy Information Administration.
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In May 2012, customers were paying an average of 11.90-cents per Kilowatthour nationally. Flash-forward to May 2014, customers are now paying 12.84-cents per Kilowatthour.
The New England region has seen some of the largest price increases year-over-year. Prices in the region have soared 11.31 percent in the past year. The Middle Atlantic had the second highest year-over-year increases at a 5.53 percent increase from May 2013 to May 2014.
The seven most expensive states for electricity costs are:
- Hawaii
- New York
- Connecticut
- Alaska
- Vermont
- Rhode Island
- New Hampshire
Meanwhile, in these seven states you can expect to pay some of the lowest costs for electricity:
- Washington
- Idaho
- West Virginia
- North Dakota
- Arkansas
- Louisiana
- Montana
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