If your building is in Hawaii, fluctuating energy prices likely hit you the hardest. The Aloha State ranks 51st in electricity and natural gas prices, according to WalletHub and the Energy Information Administration. For the month ending in April 2014, commercial facilities in Hawaii paid about 34.2 cents per kWh for electricity and $42.96 per thousand cubic feet for natural gas.
The cheapest electricity is available in Oklahoma, where commercial facilities currently pays just 7.6 cents per kWh. Iowa takes the honors for the least costly natural gas at $7.44 per thousand cubic feet.
The energy news for Hawaii isn’t all bad, however – EIA places it dead last in energy consumption thanks to its mild climate. The agency’s annual consumption survey shows Hawaii’s commercial sector using roughly 27.3 million BTU in 2012 (the most recent year for which this data is available), while Washington, DC, used 176.6 million.
Voice your opinion!
To join the conversation, and become an exclusive member of Buildings, create an account today!