Rhode Island Ranked 4th Least Energy-Expensive State in 2014 by WalletHub

Rhode Island Ranked 4th Least Energy-Expensive State in 2014 by WalletHub

Rhode Island was ranked the fourth least energy-expensive state in 2014, according to a study by WalletHub.

See WalletHub study here

WalletHub compared the 50 U.S. states and the District of Columbia based on their tendency to be the most and least energy-efficient.

WalletHub studied six key metrics to explore a number of different factors.

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The factors included price and consumption of electricity, gas prices, and number of miles driven.

Energy costs are about 7.1% of the average consumer’s total income.

Energy Expenses in Rhode Island (1=best) 

Price of Electricity: 44th
Electricity Consumption per Consumer: 5th
Price of Natural Gas: 42nd
Natural Gas Consumption per Consumer: 34th
Price of Fuel: 39th
Fuel Consumption per Driver: 3rd

WalletHub's full report can be found here.