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Graphic via USA Today

A recent piece in USA Today shows just how much energy costs have risen over the past 5 years, and there are no signs of costs going down anytime soon.

As residential energy costs continue to soar, homeowners will look for more ways to save on their utilities. Installing radiant barrier in your attic is a great way not only make a home more energy efficient, but to cut costs. And it works in all climates, both warm weather and cold weather.

Here is an excerpt from the USA Today article:
Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity.

Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive yearly increase above the inflation rate, a USA TODAY analysis of government data found. The jump has added about $300 a year to what households pay for electricity. That’s the largest sustained increase since a run-up in electricity prices during the 1970s.

Electricity is consuming a greater share of Americans’ after-tax income than at any time since 1996 — about $1.50 of every $100 in income at a time when income growth has stagnated, a USA TODAY analysis of Bureau of Economic Analysis data found.

Here is a look at what residential customers paid in cents per kilowatt hour in 2010:

State

Residential Price Per Kilowatt

Alabama

10.67

Alaska

16.26

Arizona

10.97

Arkansas

8.86

California

14.75

Colorado

11.04

Connecticut

19.25

Delaware

13.8

District of Columbia

14.01

Florida

11.44

Georgia

10.07

Hawaii

28.1

Idaho

7.99

Illinois

11.52

Indiana

9.56

Iowa

10.42

Kansas

10.03

Kentucky

8.57

Louisiana

8.98

Maine

15.71

Maryland

14.32

Massachusetts

14.59

Michigan

12.46

Minnesota

10.59

Mississippi

9.87

Missouri

9.08

Montana

9.16

Montana

9.16

Nebraska

8.94

Nevada

12.36

New Hampshire

16.32

New Jersey

16.57

New Mexico

10.52

New York

18.74

North Carolina

10.12

North Dakota

8.13

Ohio

11.32

Oklahoma

9.14

Oregon

8.87

Pennsylvania

12.70

Rhode Island

15.92

South Carolina

10.50

South Dakota

8.97

Tennessee

9.23

Texas

11.60

Utah

8.71

Vermont

15.57

Virginia

10.45

Washington

8.04

West Virginia

8.79

Wisconsin

12.65

Wyoming

8.77

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