Why Does Using Electricity Cost Money

Chances are you are too or at least contemplating the idea since.

Why does using electricity cost money.

And the costs add up. Reducing energy use in your home saves you money increases our energy security and reduces the pollution that is emitted from non renewable sources. It s the stuff we don t feel guilty about that needs attention. Because it costs money to generate the equipment the buildings the wires etc.

If we didn t pay. While some aspects of traditional vs electric shaving can t be objectively quantified be it comfort closeness of the shave practicality we can sort of present the costs and savings in an unbiased manner. The materials like coal to create it also are used in massive amounts and cost tons of money. On top of the cost savings electricity rates are much more stable than gasoline prices.

This information is up to date and was last updated in september 2018 using data extracted from the energy information agency eia s monthly reports. Instead of sweating the small stuff you can save the most money by simply sweating a bit more. The author of this article uses an electric shaver. Use less air conditioning.

States map of average electricity rates by state. Customers who use less energy than average will experience the greatest percentage jump in their electric bills when the fixed charge is raised. All told devices that are in standby or sleep mode can use the equivalent of up to 50 power plants worth of electricity and cost more than 19 billion in electricity. So let s talk money.

This map provides a good representation of how electricity costs in different areas of the country. Over the past 10 years the cost of fuel ranged from 1 50 to 4 00 per gallon. It s cheaper to charge up an electric car than gas up a traditional automobile right. Home electricity fuel appliances electronics reducing electricity use and costs learn how using an advanced power strip can reduce your electricity use and save up to 100 per year.

One is inclined to believe that part of the reason electricity costs money is that it is highly profitable for energy companies and the large and persistent demand for electricity which has now become as essential as food and water provides economic incentive to invest in energy on the part of firms and corporations. By comparison over that same amount of time electric car drivers paid about 1 20 for electricity to go the same distance.