Wednesday
July 27, 2016

How Does Your Electric Bill Stack Up?

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How Does Your Electric Bill Stack Up?

The electric bill tends to be the priciest utility bill for home owners. It can comprise 9 percent of the total expense of utilities for home owners. But that cost can drastically differ depending on where you live.

Read more: Home Retrofits That May Lower Your Tax Bill

The state that has the most expensive electric bills is Hawaii with $190.36 per month on average.

At the other end of the spectrum, New Mexico home owners have the most savings. The state has the least expensive electric bills at $76.56 per month on average.

View the infographic below from the National Association of Home Builders to see how your state’s electric bill compares to the other states.

 

Source: “50 States, 50 Electric Bills,” National Association of Home Builders (2016)