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Residential electricity prices surge ahead of C&I rates: Berkeley Lab
Yahoo Financeยท 2025-10-20 10:03
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Residential electricity retail prices rose more rapidly than commercial and industrial prices from 2019 to 2024, according to a study released last week by the Lawrence Berkeley National Laboratory. Nationwide, average residential prices jumped 27% to 16.5 cents/kWh in the five years since 2019 while average commercial prices increased 19% to 12.8 cents/kWh and indus ...