U.S. electricity prices reach all-time high

electricity-pylonWhile the gasoline price index, the overall energy price index and the overall Consumer Price Index did decline in January 2015, over the past year, only one index did the complete opposite.

The electricity price index, according to the Bureau of Labor Statistics (BLS), actually increased during these same time periods.

According to the BLS’s Consumer Price Index Summary, “The fuel oil index…fell sharply, declining 9.9 percent after a 7.8-percent decline in December. The index for natural gas, which rose in December, fell 3.4 percent in January.”

But electricity? It didn’t follow in the same footsteps.

“The electricity index was the only major energy component to increase, rising 0.9 percent, its largest increase since May 2014,” the BLS statement continues. “The electricity index is also the only major energy component to rise over the last 12 months, increasing 2.5 percent over the span.”

http://www.naturalnews.com/049251_Food_Rising_electricity_costs_sustainable_living.html

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