Why Electric Service is This Low
We've been writing this week about how electric service has never been cheaper for the American consumer than in November.
Never, ever, over the last 695 months, since January 1959.
The Commerce Department publishes each month an extraordinarily detailed table on Americans' personal consumer expenditures. Its latest release shows that the share of consumer expenditures spent on electric service was an all-time low, 1.30 percent.