Average Retail Price of Electricity to Ultimate Customers
Residential Commercial Industrial Transportation Other All Sectors All Sectors
Year Cents/kwh Cents/kwh Cents/kwh Cents/kwh Cents/kwh Cents/kwh Relative
1996 8.36 7.64 4.60 6.91 6.86
1997 8.43 7.59 4.53 6.91 6.85
1998 8.26 7.41 4.48 6.63 6.74
1999 8.16 7.26 4.43 6.35 6.64
2000 8.24 7.43 4.64 6.56 6.81 1.00
2001 8.58 7.92 5.05 7.20 7.29
2002 8.44 7.89 4.88 6.75 7.20
2003 8.72 8.03 5.11 7.54 7.44
2004 8.95 8.17 5.25 7.18 7.61
2005 9.45 8.67 5.73 8.57 8.14
2006 10.40 9.46 6.16 9.54 8.90
2007 10.65 9.65 6.39 9.70 9.13
2008 11.26 10.36 6.83 10.74 9.74
2009 11.59 10.21 6.77 11.17 9.89
2010 11.62 6.85 9.65 1.36
2020 12.20 1.72
2030 14.76 2.08
2040 17.32 2.44
2050 19.87 2.80
Notes:
1. Report No.: DOE/EIA-0226 (2010/05), Table 5.3
2. Fossil fuel power plants consume about 10,000 Btu per kwh of electricity produced.
3. One kilowatthour of electricity equals 3412 Btu.
4. So, burning a fossil fuel to generate electricity is about 34% efficient.