The average retail price of electricity for March 2011 was 9.66 cents per kWh, 0.4 percent lower than February 2011 when the average retail price of electricity was 9.70 cents per kWh, and 0.9 percent higher than March 2010, when the price was 9.57 cents per kWh, according to the Department of Energy.
The average residential retail price increased by 3.8 percent from March 2010 to 11.64 cents per kWh, and increased by 3.9 percent from 11.20 cents per kWh in February 2011. The March 2011 average commercial sector retail price was 10.05 cents per kWh, decreasing 0.3 percent from March 2010, and 0.6 percent lower than in February 2011. The average industrial sector retail price for March 2011 was 6.59 cents per kWh, a 1.2 percent increase from March 2010, but a 1.9 percent decrease from February 2011. Year-to-date 2011 average retail prices increased to 9.66 cents per kWh, representing a 2.0 percent increase from the same period in 2010.
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