California Energy Price Data for November 2016 –Highest in Nation

California is an expensive State to live in.  Once a month this organization gives us the latest figures to compare the cost of energy, in all categories.  Good to know and pass around.  Why is California so expensive—government policies and regulations?

 

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California average Residential price for the first nine months of 2016 was 17.64 cents/kWh, 40.2% higher than the US average of 12.58 cents/kWh for the same period and the 7th highest among the states.

The annual average US price for residential end users remains on track to decline for the first time since 2002. California residential end users, however, are on track to see an overall increase. For the first nine months of 2016, the average price for California residential end users was up 2.7% over the same period in 2015. For the rest of the US except for California, residential prices were down 1.1% for this period.”

 

That is right—you pay a penalty of 40% for your residential energy just to live in California.  When you lie in Texas you can choose your energy company, California government forces you to accept one.

 
   
Photo courtesy of lydiashiningbrightly, flickr

Photo courtesy of lydiashiningbrightly, flickr

 

 

 

 

California Energy Price Data for November 2016
 Centerforjobs.org,  12/6/16

 

Below are the monthly updates from the November 2016 fuel price data (US Energy Information Agency and GasBuddy.com) and electricity and natural gas price data (US Energy Information Agency). To view additional data and analysis related to the California economy visit our website at www.centerforjobs.org.
 

California vs. US Fuel Price Gap at 25.2% Premium
 
$0.55
 
Price Per Gallon
Above US Average
(CA Average)
 
 
The November average price per gallon of regular gasoline in California dropped 7.5 cents from October to $2.73. The California average price eased marginally to 55.0 cents above the US average of $2.18, a 25.2% difference.  
   
 

California vs. US Diesel Price
 
$0.38
 
Price Per Gallon
Above US Average
(CA Average)
 
 
November average price per gallon of diesel in California remained essentially level from October at $2.82. The gap over the US average price ($2.44) rose to 38.1 cents, the 6th highest level since 2000. As the primary commercial transportation fuel, persistently higher diesel prices in California have a direct bearing on relative prices for food and other consumer purchases.  
   
 

Range Between Highest and Lowest Prices by Region
 
$0.64
 
Price Per Gallon
Above US Average
(Central Sierra
Region)
 
 
The cost premium above the US price for regular gasoline ranged from $0.37 in Sacramento Region (average November price of $2.55), to $0.64 in Central Sierra Region (average November price of $2.83). The fuel price premium in the Bay Area eased to 52 cents, while the Los Angeles Region rose to 61 cents.  
   
 

 
 

 

 
 

California Residential Electricity Price
 
40.2%
 
Above US Average
 
 
California average Residential price for the first nine months of 2016 was 17.64 cents/kWh, 40.2% higher than the US average of 12.58 cents/kWh for the same period and the 7th highest among the states.

The annual average US price for residential end users remains on track to decline for the first time since 2002. California residential end users, however, are on track to see an overall increase. For the first nine months of 2016, the average price for California residential end users was up 2.7% over the same period in 2015. For the rest of the US except for California, residential prices were down 1.1% for this period.

 
   
 

California Commercial Electricity Price
 
47.0%
 
Above US Average
 
 
California average Commercial price for the first nine months of 2016 was 15.29 cents/kWh, 47.0% higher than the US average of 10.40 cents/kWh for the same period and the 5th highest among all states.

For the first nine months of 2016, the average price for California commercial end users was down 3.8% over the same period in 2015. For the rest of the US except for California, commercial prices were down 2.7% for this period.

 
   
 

California Industrial Electricity Price
 
78.4%
 
Above US Average
 
 
California average Industrial price for the first nine months of 2016 was 12.33 cents/kWh, 78.4% higher than the US average of 6.91 cents/kWh for the same period and 6th highest among the states.

For the first nine months of 2016, the average price for California industrial end users was up 1.3% over the same period in 2015. For the rest of the US except for California, industrial prices were down 3.5% for this period.

 
   
 

Natural Gas Prices
 

 

Comparing California prices to the US average, average September prices were above the US average for commercial and industrial users. Residential prices remained lower as the US average began easing off its typical seasonal peak month. Prices for industrial users, continued to remain well above with California prices 100.8% higher than the US average. Average September prices and the change from August:
 

 

 

 

Note: All data sources, methodologies, and historical data series available at CenterforJobs.org.

 

About Stephen Frank

Stephen Frank is the publisher and editor of California Political News and Views. He speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows. He is a fulltime political consultant.

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