How much did electricity cost in the 1970's?

Answer 1

In the 1970s, the cost of electricity in the United States averaged around 3 to 5 cents per kilowatt-hour (kWh). Prices varied by region and provider, with some areas experiencing higher rates due to factors like local energy sources and demand. The oil crisis in the mid-1970s also influenced energy prices, leading to gradual increases over the decade. Overall, while still relatively low by today's standards, electricity costs began to rise significantly during this period.