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Reading the comments it is interesting to see the wide range of prices people need to pay for electricity.
The biggest reason for the jump in prices relative to the inflation rate is the privatisation of the electric industries. For many years the price of electricity has remained below the inflation level because governments did not want to lose votes. Now with privatisation interest needs to be paid on investment and a reasonable amount set for maintenance. This has resulted in catchup pricing.
Back in the 70's while in England I paid 3.3 pence per KWh on a weekly pay of $80 (0.0004125%).
Today I pay 21 cents per KWh on a weekly income of $800 (0.0002625%). About half the 1970's price.
We are much better off than some other countries that don't have cheap coal fired power stations and remember CO2 is not a pollutant and it is fully recyclable. I can't say the same for some other emissions.
Barry
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