Residential electricity rates rise before C&I rates: Berkeley Lab

Residential retail electricity prices rose more quickly than commercial and industrial prices from 2019 to 2024, according to A study released last week By Lawrence Berkeley National Laboratory. Nationally, average residential prices jumped 27% to 16.5 cents/kWh in the five years since 2019, while average commercial prices rose 19% to 12.8 cents/kWh and industrial prices […]