Energy is less expensive in Florida

July 10, 2019 3:37 pm

Energy is less expensive in Florida, according to a new survey.

The Sunshine State is the ninth cheapest state for energy costs, according to the WalletHub website. The total monthly energy cost is $287.

The average natural gas bill each month at just $4 is the cheapest in the United States. The electric cost is $156, the third most expensive.

Motor fuel costs $127 dollars a month on average, while there is no cost each month for heating oil on average.

Florida has the third highest electricity consumption per customer and also the second lowest natural gas consumption, after Hawaii.

In the U.S., energy costs eat from 5-22% of families’ total after-tax income, with the poorest Americans, or 25 million households, paying the highest of that range.

WalletHub compared the total monthly energy bills in each of the 50 states and also the District of Columbia.

According to the U.S. Energy Information Administration, the highest energy consumption of the year is recorded in July, followed by August.

To determine the most and least energy-expensive states, WalletHub compared the average monthly energy bills in each of the 50 states and also the District of Columbia.

The results included the averages for:

  • Monthly consumption of electricity and the retail rice
  • Consumption of natural gas and residential price each month
  • Monthly consumption of home heating oil and also residential price
  • Motor-fuel price and miles traveled, consumption and also the number of drivers in each state.

Sources: Data was collected from the U.S. Census Bureau, U.S. Energy Information Administration, Federal Highway Administration, American Automobile Association, Insurance Institute for Highway Safety and also The Regents of the University of Michigan.

Source: https://wallethub.com/edu/energy-costs-by-state/4833/

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