why is electricity so expensive?

Answer 1

It is not. I think it is a bargain. Further, do you know that commercial customers pay a higher rate per kwh than individuals. So your utility bill is actually subsidized.

Answer 2

First, someone has to discover coal.
(not even addressing nuclear, wind, solar power)
then buy the land, dig up thecoal.
this takes big expensive equipment and lots of labor.
then put the coal on trains and send it to power plants.
power plants are big and specialized and very expensive to build.
they also have to have land and people to run them.
it's very important because if they aren't running right
people are out of power!
then electricity poles and lines have to be built.
all this has to be paid for somehow.
so there's an admin department that bills you and keeps track of all that plus deposits the check when you pay. not to mention the person who comes and reads the meter has to be paid and given a car.
then there are the people who answer the phone when you call the electricity company. they have to be paid.
legally, the main electricity company has to build enough power plants to meet the highest electricity demand on the hottest day possible in the year. but most of the time we don't need that much, so they have to build a lot more "power plant" than is really needed, just to meet the peak, because power can't be stored.
oh yeah, then there are the substations, breakers, etc.
plus all the crews that maintain it (and cut limbs away from lines) that have to be paid. it's a big enterprise.

Answer 3

Several reasons, but the most significant are:

1) Most of the electicity in the US is generated by burning fossil fuels (which have approximately doubled in price in the past few years).

2) There are high maintainence costs for the generators, transformers and distribution system.

3) There are regional monopolies on the distribution of electricity, therefore market economics do not apply.

Answer 4

Well, think about it. It takes time, labor and money to drill into the ground for fuel such as coal, oil or natural gas. Then the stuff has to be processed and refined before it's usable for energy production. Finally, it takes an efficient energy grid with many power plants, electrical lines, grounders, etc to get the energy to your home or business. On top of all that, natural disasters such as hurricanes, floods, earthquakes, tornados, wildfires and tsunamis can seriously interrupt refining and production, lessening supply which raises the cost of the remaining fuel.

Answer 5

Taxes

Answer 6

many people use it. and they want the quality of it to be higher cause they want a good profit. I personally, would want it to be lower cause electricity is very common in my house. when i am straightening my hair, and using the lights in my room,. listening to the radio, and cooking food. ( aspecially seafood) mmnn, if you havn't tryed frog legs you should. mmnnn it is good. actually, I think you should try all of the seafood. I did. and I am still living

Answer 7

Too few sources. Too little competition.

Answer 8

try making it yourself.