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After a year that saw lower electricity prices around the country, along with the plummeting price of natural gas, the country's second-most expensive state for electricity still managed to hold its title.
The Hartford Business Journal Online reports that Connecticut once again saw the second-highest electricity rates in the country over the course of 2011, behind only isolated Hawaii. The state managed to bring down electricity rates by more than 6 percent, but the drop was not enough to catch up with third-place Alaska.
Over the course of the year, Connecticut's average electricity rates for all sectors was16.33 cents per kilowatt-hour, more than 60 percent above the national average and 12 percent above even New England's high electricity prices, according to the U.S. Energy Information Administration.
But the news source noted that many people in the state were able to pay lower electricity rates through the use of retail electricity providers. The Connecticut Department of Energy and Environmental Protection reports that, as of June of last year, 42 percent of all customers had chosen to switch electricity providers.