My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 2020 with at least $3 million.

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Why Your Electricity Bills Are Soaring?

Contributed by mm | July 9, 2004 9:16 AM PST

MSN produced an informative reading on your electricity bill. Apart from reporting the mixed impact of deregulation and the fact that an average American family pays out $1,400 in energy every year, the article also went to give out a table that lists the average daily electricity price for common appliances.

Some examples (assuming 8 cents/kilowatt-hour electricity rate):

Clothes Washer: 2-3 cents
Clothes Dryer: 14-40 cents
Dishwasher: 10-19 cents
Microwave: 2 cents
Computer: 6 cents
Refrigerator: 46 cents
Flat-Screen TV: 4 cents
DVD Player: Less than 1 cent

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