"After years of slow, steady growth, residential electric prices are poised to decline for the first time in nearly a decade and a half.
The Energy Information Administration, unit of the Department of Energy, reports that, in most regions of the country, residential electric customers are experiencing lower power prices this year.
The agency ascribes the decline to falling fuel costs, particularly falling natural gas prices. In many markets, natural gas sets the marginal cost of power."
Peter Maloney reports for Utility Dive October 7, 2016.
Source: Utility Dive, 10/10/2016
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