From WalletHub July 14, 2014
With summer having the highest energy consumption of the year, and Americans undergoing life transitions such as relocating to start a new family or start a new job, the leading personal finance social media network WalletHub followed up on its analysis of the Best & Worst Cities for Families with an in-depth look at 2014's Most & Least Energy-Expensive States.
To help consumers prepare for costly energy bills, WalletHub compared the 50 U.S. states and the District of Columbia based on their tendency to be the most and least energy-efficient. We used six key metrics to explore a number of different factors, among them the price and consumption of electricity as well as the price of fuel at the pump and number of miles driven. By doing so, consumers can make informed decisions about their energy costs, which eat about 7.1% of the average consumer’s total income.
Energy Expenses in Hawaii (1=best)
- 51st – Price of Electricity
- 2nd – Electricity Consumption per Consumer
- 51st – Price of Natural Gas
- 1st – Natural Gas Consumption per Consumer
- 51st – Price of Fuel
- 6th – Fuel Consumption per Driver
For the full report, please visit: 2014's Most & Least Energy-Expensive States.