Industry News

The Most & Least Energy Expensive States


August 19_Most and Least Expensive States For Energy Costs ImageEver wonder the energy cost differentials between state lines? Differences in energy prices can have a big impact on monthly costs for homes and businesses. ECOBUILDING Pulse recently released an interactive heat map of the U.S., which shows where each state falls in terms of total energy costs. The map ranks the states based on the monthly energy consumption averages and the electricity, natural gas and fuel costs recorded in the U.S. Energy Information Administration’s 2012 Electric Sales, Revenue, and Average Price and WalletHub’s Most and Least Energy Expensive States reports.

Colorado, Washington state and Montana currently lead the nation in lowest total energy costs. New England states are some of the most expensive and Hawaii has some of the highest energy costs in the country, landing in the lists of top five states with the highest electricity and natural gas prices.

You may be surprised by the drastic differences in energy costs from state to state. The report shows that electricity costs four times more in some states than others, and natural gas costs nearly six times more in Hawaii (the most energy expensive state) than in Colorado (the state with the lowest energy costs).

To find out how your state matches up, click here.