Electric Utilities Reap the Benefits of Natu…

Utility fuel costs for producing electricity have collapsed in recent years as natural gas floods the market for electricity generation. The beneficiary of this collapse has largely been electric utilities whose revenue continues to climb over the same period of gas price decline based on U.S. Energy Information Administration (EIA) data. Total revenue for utilities from electricity sales were up more than $50 billion per year since 2008. The driver was mainly from sales to residential and commercial customers, although slightly down for industrial sales.

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