Archive for July, 2009

compare gas and electricity prices

Posted in Electricity Experiments | No Comments »

How Much Have Consumer Prices for Electricity & Natural Gas Gone Up Compared to the Price of Oil Over…?

… the past handful of years?

Have consumer prices for electricity and natural gas gone up roughly the same percent as the price of oil (or fuel oil) over the past handful of years? Or, are people who heat with natural gas and electricity not seeing nearly as large of a jump in the prices they pay compared to people who heat with fuel oil?

Using data from http://www.bls.gov/cpi/home.htm#data (click on average price data)

THe annual (January to January) price changes across the US for the last 10 years are:

Electricity:
-6% -3% 0% 5% 1% 0% 3% 3% 13% 3%

Natural gas:
-4% -2% 3% 57% -27% 11% 14% 11% 30% -16%

Heating oil:
-15% -14% 43% 27% -26% 24% 8% 23% 30% -2%

Compare Gas and Electricity Prices