Electric Rates 1/40th of the CPI

Electricity is 2.522 percent of the Consumer Price Index. As a fraction, that’s about one-fortieth.

Other components of the CPI with a similar weight on this all-important measure of inflation? Full service meals and snacks, like restaurants, have a weight in the CPI of 2.324. Limited service meals and snacks, like fast food, have a weight of 2.272.

Apparel has a weight in the CPI of 2.464. Used cars and trucks have a weight of 2.544. Hospitals and related services have a weight of 2.308. Motor vehicle insurance has a weight of 2.874.

Insights on Energy Transformation from Industry Leaders

The Grid Mod Pod

“During the first set of episodes, we intentionally focused on inviting leaders of companies that serve as partners and suppliers to utilities to share their perspectives. These discussions uncovered layers of insights, particularly emphasizing the potential for revolutionary impact of Artificial Intelligence and machine learning in grid modernization.”