US average electricity cost rises in all sectors except residential in March versus a year ago, increasing 1.4% overall to 9.69 cents/kWh; industrial sector up 1.7% to 6.59 cents/kWh, transportation up 3.8% to 10.2 cents/kWh: EIA

WASHINGTON , May 24, 2013 (press release) –

Average Revenues/Sales (¢/kWh)   Retail Sales (1000s MWh)
End-use sector March 2013 Change from March 2012   March 2013 Change from March 2012 Year to Date
Residential 11.59 -1.1%   111,822 12.8% 355,943
Commercial 9.99 1.1%   103,963 2.0% 312,142
Industrial 6.59 1.7%   78,079 -3.5% 230,634
Transportation 10.20 3.8%   631 2.0% 1,941
Total 9.69 1.4%   294,496 4.2% 900,661
Source: U.S. Energy Information Administration

The average cost of electricity rose in all sectors except the Residential sector compared to March 2012, with the Transportation sector leading the change with a 3.8-percent increase to 10.2 cents per kilowatthour. The average cost of electricity in the Residential sectors fell 1.1 percent, while the average cost in the Commercial and Industrial sectors rose by less than 2 percent. Retail sales of electricity in the Residential sector appear to be following a weather-driven trend upwards, with increases over March 2012 of 12.8 percent, mostly in States that experienced a cooler March than last year and the 30-year normal. Sales in the Industrial sector dropped off 3.5 percent from last year, while Transportation and Commercial sales increased by 2.0 percent each. Year-over-year industrial sales have been decreasing in recent months. Total retail sales across all sectors increased by 4.2 percent from last March, driven mostly by the increase in sales in the Residential sector.

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