MA Ranked One of Most Energy Expensive States in U.S.

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Thursday, July 04, 2019

GoLocalWorcester News Team

Massachusetts is one of the most energy-expensive states in the country.

According to a recent study completed by WalletHub, Massachusetts is ranked as the fifth most energy expensive state in the U.S.

“In the U.S., energy costs eat between 5 and 22 percent of families’ total after-tax income, with the poorest Americans, or 25 million households, paying the highest of that range. And lower energy prices don’t necessarily equate to savings. Where we live and how much energy we use are a big part of the equation,” writes WalletHub.

MA by the Numbers

• Total Energy Cost - $336
• Monthly Electricity Cost - $125
• Monthly Natural Gas Cost - $52
• Monthly Motor Fuel Cost - $116
• Monthly Home Heating Oil Cost - $44
• 4th - Highest Electricity Price
• 47th - Lowest Electricity Consumption per Consumer
• 5th - Highest Home Heating Oil Consumption per Consumer

 

The Rankings

The top five most energy expensive states are:

1. Connecticut

2. Wyoming

3. Alaska

4. Georgia

5. Massachusetts

 

The District of Columbia is ranked as the least energy expensive state.

See the Rankings in the Map Below

The Method

In order to determine the most and least energy-expensive states, WalletHub compared the average monthly energy bills in each of the 50 states and the District of Columbia using the following equation:

(Average Monthly Consumption of Electricity * Average Retail Price of Electricity) + (Average Monthly Consumption of Natural Gas * Average Residential Price of Natural Gas) + (Average Monthly Consumption of Home Heating Oil * Average Residential Price of Home Heating Oil) + (Average Motor-Fuel Price * (Miles Traveled/Average Motor-Fuel Consumption/Number of Drivers in the State)) = Average Monthly Energy Bill in the State

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