Some key findings include:
- Although public utility customers use almost 15 percent more electricity than investor-owned utility customers, they pay about 5 percent less (about $60) per year.
- Energy efficiency seems to contribute to this difference. Improved efficiency is closely aligned with slower growth in both average annual electricity use per customer and smaller increases in average annual bills per customer.
- Public utility customers use more electricity for space and water heating, which is the main reason for the difference in electricity use per household between investor-owned and publicly owned utility customers.
The final version of the report is linked above. Revisit the draft version of the report and see comments that were received.
At the March 2016 Power Committee meeting, staff presented an analysis of recent trends in gross state product and employment as indicators of the overall condition of the regional economy. Staff also presented data on both actual and weather-normalized regional electricity sales/loads, utility revenues, and average prices over the past several years.
During the presentation, Council members asked staff to provide additional information on trends in average residential electricity use and bills, particularly focusing on the differences between the residential bills for the region’s investor owned utilities (IOUs) and publicly owned utilities. This report is a follow-up to that presentation using sales and revenue data for 133 utilities in the Council’s footprint.