How Low Can Electric Bills Go? 1.38%
In just 1 year out of last 58 has electricity been more economical.
There have been 58 months of March since March 1959. Of all those months of March, only one had a smaller percent of consumer expenditures spent on electric bills than March 2016.
In March 2016, just 1.38 percent of consumer expenditures paid electric bills. That's what the Commerce Department reported on Friday, in its gross domestic product release.
Only March 2000 had a smaller percent, 1.34 percent. March 2016 and March 2004 tied for second place, with 1.38 percent paying for electricity.