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Study predicts average Utahns will pay nation s cheapest electricity rates in 2024 – Cache Valley Daily

Study predicts average Utahns will pay nation s cheapest electricity rates in 2024 – Cache Valley Daily
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Utahns Will Pay Least For Electricity

(Salt Lake City, UT) Utah will have some of the lowest electric rates in the U.S. this year. The cost of electricity for most customers is a little more than one-thousand dollars annually. Utah residents reportedly only paid 11.03 cents per kilowatt hour in 2023 one-and-a-half times lower than the national average. That

Utah expected to have cheapest electricity rates in the nation this year

Utah expected to have cheapest electricity rates in the nation this year

Utah expected to have cheapest electricity rates in the nation this year

An analysis of state-by-state data collected by the federal government projects Utah will have the lowest electricity rates in the country this year, with the annual costs estimated to be $1,047.27. The study, conducted by electricity experts Texas Electricity Ratings, analyzed state-by-state U.S. Energy Information Administration data to predict the annual electricity bill across the country. Utah residents reportedly only paid 11.03 cents per kilowatt hour in 2023 — 1.5 times lower than the national average.

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