Growth in residential electricity prices highest in 6 years, but expected to slow in 2015

Residential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the average U.S. residential price increasing 3.1% over the previous year. The increase represents the highest annual growth rate since 2008. EIA forecasts that prices will increase during 2015, but at a slower pace than in 2014. More »