Arizonans will be surprised to discover that Arizona is among the states with the least expensive fuel costs, according to a recent study.
With one quarter of U.S. households having high energy burdens (spending more than 6% of their income on utility bills), the personal-finance website WalletHub today released its report on 2023’s Most & Least Energy-Expensive States, as well as expert commentary.
For a better understanding of Americans’ energy costs relative to their location and consumption habits, WalletHub compared the average monthly energy bills in each of the 50 states and the District of Columbia using a special formula that accounts for the following residential energy types: electricity, natural gas, motor fuel and home heating oil.
Energy Consumption & Costs in Arizona (1=Most Expensive; 25=Avg.):
- Avg. Monthly Energy Bill: $416
- 27th – Price of Electricity
- 19th – Electricity Consumption per Consumer
- 11th – Price of Natural Gas
- 51st – Natural-Gas Consumption per Consumer
- 3rd – Price of Motor Fuel
- 33rd – Motor-Fuel Consumption per Driver