«Renewable Energy Target (RET) costs are forecast to comprise around 11 % of the total increase in
residential electricity prices at a national level.
Together these cost components comprise around 5 % of
residential electricity prices at a national level and are not expected to have a significant impact on the total residential electricity price over the reporting period in most jurisdictions.»
Not exact matches
Recent studies conclude that while some tech - savvy consumers will line up for smart grid applications for the home, most
residential customers are not eager to manage their daily energy use, particularly with
electricity prices at relatively low levels.
In 2014, average
residential electricity consumption in Ohio was 901 kWh per month,
at an average
price of 12.5 per kWh, for a total bill of $ 112.62 per month.
The average
residential price of
electricity in the US is about 8.5 cents / kwh, and many utilities sell off - peak power for 2 - 4 cents / kwh (id
at 83).
More, the
price of
electricity in Hawaii does not noticeably distort the economy there
at the
residential level or even for light industrial purposes.