Electricity has shown to be a lasting value. Even though Americans have used more energy in the last 20 years, the portion of household budgets devoted to electricity costs has actually declined.
A national organization, the Edison Electric Institute
, provides perspective about the value of electricity and its prevalence in our lives. Its research shows that the typical American household owns an average of 25 consumer electronic products, 99% of which have to be plugged in or recharged.
What role does electricity play in your life? Electricity is:
- The cold milk or soda that comes from your refrigerator
- The email you send on your computer
- The lights you use to read at night
- The music playing from your personal listening device
- Your favorite drama or comedy on television
- The cool air that comes from your air conditioner on hot days
- The phone (mobile or land line) that connects you to friends and family
Electricity Remains a Good Value
The cost of electricity rises at a slower pace than many typical expenses.
Electricity Goes a Long Way
One dollar of electricity powers:
- An air conditioner for 24 hours
- A refrigerator for one week
- A 40-inch LCD television for one month
- A mobile phone for 1.5 years