The Fall of Spending on Home Energy

The Fall of Spending on Home Energy
carpe diem

The Energy Information Administration (EIA) reported today that US households spent an average of 2.7% of their income last year on household energy including home use of electricity, natural gas, fuel oil, propane, kerosene, wood, and coal, but excluding transportation fuels and spending on other household utilities like water and telephone service. That was the lowest percent of household income spent on household energy since 2002, and one of the lowest percentages over the 40-year history reported by the EIA (see chart above).

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes