Electricity Inflation 30% Higher Than CPI Over Last 12 Months

Electricity inflation remains the highest consumer goods cost among the items in the Consumer Price Index according to the latest release of data by the Bureau of Labor Statistics. Over the last year electricity prices have risen by 5% compared to 2.2% for food, and 2.5% for medical care commodities.

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FERC’S $277 BILLION ELECTRICITY PRICE HIKE

Read How the Federal Energy Regulatory Commission’s Failure to Enforce Transmission Competition Will Lead to Decades of Electricity Price Inflation for American Consumers.