Report: Connecticut Energy Costs Among Highest In U.S.
High Electric Rates Noted; Only Hawaii, Mississippi More Expensive
By STEPHEN BUSEMEYER | The Hartford Courant
Connecticut residents spend more on energy per month than residents in every other state except Mississippi and Hawaii, according to a recent report.
The state's high electricity costs -- at $143 per month, second only to Hawaii -- pushed monthly energy costs above $404 on average, according to the report from WalletHub.com.
The lowest monthly energy costs in the nation are in Colorado, according to the report.
Connecticut residents pay an average of 19.87 cents per kilowatt hour of electricity, according to the U.S. Energy Information Administration. Hawaii residents pay 38.08 cents. The national average for residential electricity is 12.31 cents per kilowatt hour, according to the EIA.
The report calculated a state's total monthly energy costs by looking at each state's average monthly consumption of electricity, natural gas and gasoline and multiplying by local prices. It did not include heating oil.
See the whole report here: http://wallethub.com/edu/most-least-energy-expensive-states/4833/