MERIC NEWS LETTER

2005 Missouri Electric Rates Improve on 2004's Great Rates

Two of Missouri's key electrical rates were the third and seventh lowest in the nation in 2005, according to the Missouri Public Service Commission and U.S. Energy Information Administration.

Missouri's 5.88 cents per per kilowatt-hour (kWh, the industry standard measurement) for commercial service made it the third lowest of all 50 states plus the District of Columbia.

The Show-Me State's 7.08 cents/kWh for residential rates were seventh lowest in the nation.

Missouri's industrial electricity rate, at 4.59 cents per kWh, ranked the state 16th in that category.

An average of all the categories combined (including electrical rail and transit systems) showed that Missouri was the 10th lowest in the nation for electric rates, at 6.12 cents per kWh.


Most and Least Costly

Hawaii's and Kentucky's positions as most and least expensive states for electricity haven't changed since 2004. The net electricity importer Aloha State was again the most costly overall for electricity in 2005, at 18.29 cents/kWh; the coal-rich Bluegrass State least costly at 4.94 cents/kWh. West Virginia had the least costly electrical residential service in 2005 at 6.21 cents/kWh; Hawaii, most expensive at 20.66 cents/kWh.

Perhaps the biggest surprise in the 2005 rates was Maine - the least costly state for industrial electricity costs, at 3.47 cents/kWh - due to an aggressive 2000 industry restructuring and conservation and renewable energy measures, especially the use of hydroelectric resources.

Report by Neal Fandek and maps by Melissa Lanclos, MERIC

Sources: Missouri Public Service Commission, U.S. Energy Information Administration, 
State of Maine Office of the Public Advocate

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