The average cost of residential electricity during the first half of 2014 hit $0.123/kWh across the US, with the 3.2% increase on 2013 representing the fastest year-on-year growth in half a decade, according to the US Energy Information Administration.
The situation is even more extreme along the densely populated East Coast, with prices rising 11.8% year-on-year in New England states, and 6.7%
