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ERC Price Benchmarks Week ending 1-13-17

Jim Moore, PhD

ERC’s national average benchmark price for retail electricity increased only a fraction of a percent (0.3%) last week to $0.0754 per kilowatt hour. The average benchmark price is now 1% lower than it was a month ago. Prices fluctuated last week, increasing in some states, decreasing in others.The District of Columbia (1.5%), Ohio (1.3%), and   …Continue Reading


ERC Price Benchmarks Week ending 12-30-16

Jim Moore, PhD

ERC’s national average price benchmark for retail electricity across the deregulated states rose last week by 1.3% to $0.0765 per kilowatt hour. The average price benchmark is now 2.8% higher than it was a month ago. The largest price increase last week was seen in Connecticut (2.2%), Massachusetts (2.0%), and Delaware (1.9%). Texas prices also   …Continue Reading


ERC Price Benchmark Trends Week Ending: December 16, 2016

Jim Moore, PhD

In step with recent weather forecasts and natural gas prices, ERC’s national average benchmark price for a February electricity contract declined slightly last week by half a percent, to $0.0761 per kilowatt hour (kWh). Last week, electricity prices declined most in Illinois (-1.8%), New York (-1.3%), and Massachusetts (-1.1%).  In contrast with the rest of   …Continue Reading


ERC Price Benchmark Trends Week Ending: December 9, 2016

Jim Moore, PhD

ERC’s national average benchmark price for a January electricity contract jumped last week by 3.3%, to $0.0763 per kilowatt hour (kWh). The national average benchmark price is now 5% higher than a month ago. Last week electricity prices posted their strongest gains in Connecticut (5.2%), Maine (4.6%), Rhode Island (4.6%), and New York (4.2%).  Month-over-month,   …Continue Reading


ERC Price Benchmark Trends Week Ending: December 2, 2016

Jim Moore, PhD

ERC’s national average benchmark price for a January electricity contract rose last week by 2.8%, to $0.0738 per kilowatt hour (kWh). Electricity prices posted a strong gain in every deregulated state last week, led by the District of Columbia (4.2%), Delaware (4.0%), Connecticut (3.7%), and New Jersey (3.5%). Electricity prices are now just about back   …Continue Reading


ERC Price Benchmark Trends Week Ending: November 25, 2016

Jim Moore, PhD

Shifting to a January 2017 contract start date, ERC’s national average benchmark price for electricity declined week-over-week by 1.3%, to $0.0717 per kilowatt hour (kWh). The biggest drop in prices last week occurred in the District of Columbia (-3.0%), Delaware (-2.6%), and New Jersey (-2.6%). By contrast, prices increased in Texas (+1.3%). Month-over-month, competitive electricity   …Continue Reading


ERC Price Benchmark Trends Week Ending: November 18, 2016

Jim Moore, PhD

The national average benchmark price for a December 2016 electricity contract remained virtually unchanged last week at $0.0726 per kilowatt hour (kWh). The biggest decline in electricity prices last week occurred in Delaware (-2.3%), and to a lesser extent in the District of Columbia (-1.1%). By contrast, prices increased notably in Connecticut (1.9%) and New   …Continue Reading


ERC Price Benchmark Trends Week Ending: November 11, 2016

Jim Moore, PhD

The national average benchmark price for a December 2016 electricity contract dropped substantially last week (-2.6%) to $0.0722 per kilowatt hour (kWh). Electricity prices have fluctuated marginally over the past month while gas prices have plummeted. This past week looks like electricity prices have finally moved more in line with the downward trend we have   …Continue Reading


ERC Price Benchmark Trends Week Ending: November 4, 2016

Jim Moore, PhD

The national average benchmark price last week for a December 2016 electricity contract increased only slightly (+0.4%) to $0.0741 per kilowatt hour (kWh). In a period with a handful of slight declines, and mostly mild gains, Texas again saw the largest price decline of 1.83%, to $0.0410/kWh, which is still 0.55% higher than this time   …Continue Reading


ERC Price Benchmark Trends Week Ending: October 28, 2016

Jim Moore, PhD

Following a 19% plunge in natural gas prices over the past two weeks, the Energy Research Council national average benchmark price for retail electricity dropped by 1.0% last week to $0.0738 per kilowatt hour (kWh).  Texas posted the biggest price decline last week, falling 2.5% to $0.0418/kWh. Texas electricity prices, however, are still almost 4%   …Continue Reading