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My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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Why Your Electricity Bills Are Soaring?



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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