Take a look at the cost of common items in 2012 compared to 2022. Electricity remains a good value because of the values that public power stands on: reliability, safety and affordability.
- The average cost of a gallon of gas was $3.59 in June 2012. In June 2022, that cost rose to $5.03.
- A gallon of milk was $2.79 in 2012. Today, it costs $4.77.
- A loaf of bread was $1.88 in 2012. In 2022, that cost rose to $2.54.
- A median home price was $154,000 in 2012. In 2022, that price increased to $368,200.
The average Nebraska residential cost per kilowatt hour of electricity was about 10 cents in 2012. In 2020, that cost rose to just 11 cents (EIA two-year lagging). Public power remains a good value for Nebraska.
Sources: U.S. Energy Information Administration (EIA), thepeoplehistory.com, money.cnn.com.
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