WhiteFence.com’s Index Trends: January 2014

WhiteFence.com (http://www.whitefence.com), the nation's leading site to compare, connect, and save on home services, today released analysis of consumer sales data through January 2014 that explores trends in utility bills paid by the average family in major U.S. cities.

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Home Utilities Index

Houston, TX (PRWEB) February 10, 2014

ELECTRICITY
Extremes:
1. Highest bill: Charlotte, NC at $169.90
2. Lowest bill: Los Angeles, CA at $55.62
3. Largest Month over Month (MOM) increase: Philadelphia, PA from $64.27 to $119.81
4. Largest MOM decrease: Portland, OR from $154.07 to $151.09

The city with the highest bill for January was Charlotte, NC at $169.90. Electricity rates in Charlotte held steady, but usage increased significantly compared to December. In fact, Charlotte had the 2nd highest usage of all the cities in the index for January. The city with the greatest increase in their monthly bill was Philadelphia, PA from $64.27 in December to $119.81 in January. This increase was due to a higher electricity rate for the month of January.

Los Angeles, CA had the lowest bill at $55.62 in January. This is typical for Los Angeles, as winter temperatures have remained warm for that region. Portland, OR saw the largest month over month decrease, which was a decrease of $2.98 compared to its December average bill. This was not a very significant change, as the electric rates remained the same month over month.

NATURAL GAS
Extremes:
1. Highest bill: Philadelphia, PA at $237.22
2. Lowest bill: Dallas, TX at $18.39
3. Largest MOM increase: Philadelphia, PA from $113.46 to $237.22
4. Largest MOM decrease: Portland, OR from $143.58 to $104.65

Philadelphia, PA claimed the top spot with the highest natural gas bill at $237.22 in January. Indianapolis, IN came in 2nd at $200.60. Multiple arctic blasts swept through this region through the end of January, increasing usage. This frigid trend will continue into the next month.

Dallas, TX, once again had the lowest natural gas bill at $18.39 for the month of January. The usage and natural gas rates remained fairly steady for that region. As the winter season continues, we should see most of the northern region’s natural gas rates remain high. As a result, this will assist the southern states to maintain the lowest natural gas bills in the country.

Philadelphia, PA also had the largest month over month increase, from $113.46 in December to $237.22 in January. Below freezing temperatures, as well as higher natural gas usage were the primary reasons for this increase.

The city that saw the largest month over month decrease was Portland, OR, from $143.58 to $104.65. This large decrease was due to a steady air stream that blocked the cold arctic air from reaching this region. The state of California to the south benefited from this as well, keeping temperatures unusually warm for the month of January.

As the winter season continues, we should see a few more arctic blasts pass through the Midwest and northeastern region of the country, ultimately increasing the need for natural gas.

ABOUT WHITEFENCE.COM
WhiteFence.com is a free service that helps homeowners and renters compare, connect and save money on phone, internet, television, electricity, natural gas, and other home services. By simply entering a street address onto the secure site, people looking to save money or start new service can find the most comprehensive list of plans available for their specific address from over 300 nationally recognized partners. As a trusted home service shopping source for 20 million people annually, WhiteFence.com makes it easy to establish service directly on the site in a few simple steps. WhiteFence.com is headquartered in Houston, Texas. For more information, please visit WhiteFence.com or view the index data at WhiteFenceIndex.com.


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