U.S. Electricity Retail Prices

U.S. Electricity Retail Prices.  During 2010, retail prices for electricity distributed to the residential sector averaged 11.58 cents per kilowatthour, about the same level as in 2009.  EIA expects residential prices to rise by 2.3 percent in 2011, followed by little change in 2012.  The effect of lower generation fuel costs should be more evident during 2011 in retail prices for electricity distributed to the industrial sector, which EIA projects will increase by only 0.9 percent during 2011 then fall slightly, by 0.2 percent next year.