Electricity price dynamics before and after 2019

Average retail prices of electricity for residential consumers

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New York average annualized growth was 1.2% before June 2019 and 8.4% after. U.S. average annualized growth was 3% before June 2019 and 4.3% after.

Chart: After June 2019, annualized electricity price growth rose from 1.2% to 8.4% in New York and from 3.0% to 4.3% nationallySource: U.S. Energy Information AdministrationCreated with Datawrapper