Electric Power Annual, 2007
"n 2007, average retail electricity prices increased 2.6 percent from 8.9 to 9.1 cents per kilowatthour (kWh) This followed a 3-year period during which average fossil fuel prices for electricity generation increased a cumulative 30.2 percent. As fuel prices increased 30.2 percent, the National average retail price of electricity increased 17.0 percent from 7.6 cents per kWh in 2004 to 8.9 per kWh in 2006. Fossil fuel prices increased an additional 7.0 percent in 2007, contributing to the 2.6 percent average retail electricity rate..."