Penny on the Dollar
Californians’ residential electric bills averaged just nine-tenths of one percent of all their expenditures on goods and services in the year 2021. 0.91 percent to be precise. Significantly less than a penny on the dollar.
This according to the data used by the U.S. Commerce Department to calculate the Gross Domestic Product.
California’s average was well below the national average, 1.26 percent. Per kilowatt-hour rates are high in California, as compared to other states, but kilowatt-hour consumption is low.







