On Nov. 15, the Labor Department reported October’s Consumer Price Index, the CPI. The detail — which we closely follow — shows the trends in prices for everything from pork chops to postage to pet services. Including the electric rates that consumers pay.
In October, the CPI was 2.0 percent higher than it was a year earlier, in October 2016.
The same is true for electric rates. In October, electric rates on average were 2.0 percent higher than they were a year earlier.
So, inflation-adjusted, electric rates neither increased or decreased over the last twelve months.