From Center for Jobs and the Economy <[email protected]>
Subject California Energy Price Data for July 2019
Date August 5, 2019 11:00 PM
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Web Version [link removed] | Update Preferences [link removed] [link removed] California Energy Price Data for

July 2019

Below are the monthly updates from the most current July 2019 fuel price data ( [[link removed]]) and May 2019 electricity and natural gas price data (US Energy Information Agency). To view additional data and analysis related to the California economy visit our website at [[link removed]].

California vs. US Fuel Price Gap at 38.8% Premium $1.04 Price Per Gallon

Above US Average

(CA Average)

The July average price per gallon of regular gasoline in California eased 9 cents from June to $3.72. The California premium above the average for the US other than California ($2.68) eased to $1.04, a 38.8% difference, as prices elsewhere in the US dipped only 5 cents.

1st Ranked by price

In July, California had the highest gasoline price among the states and DC. Californians paid $1.35 a gallon more than consumers in Mississippi, the state with the lowest price.

California vs. US Diesel Price $1.05 Price Per Gallon

Above US Average

(CA Average)

The July average price per gallon of diesel in California eased 5 cents from June to $3.98. The California premium above the average for the US other than California ($2.93) eased to $1.05, a 35.7% difference.

2nd Ranked by price

In July, California had the 2nd highest diesel price among the states and DC, behind only Hawaii.

California Gasoline Tax Ranking 1st Ranked By Gasoline

Tax By Gallon

As of July 1, California passed Pennsylvania to have the highest gasoline tax in the nation. Combined state-federal tax rate in California is now 79.60 cents per gallon, 46% higher than the US average of 54.57 cents. California also has the highest diesel tax at $1.113 per gallon, 79% higher than the US average.

Range Between Highest and Lowest Prices by Region $1.23 Price Per Gallon

Above US Average

(Central Sierra Region)

The cost premium above the US (other than California) average price for regular gasoline ranged from $0.97 in the Sacramento Region (average July price of $3.65), to $1.23 in Central Sierra Region (average July price of $3.91).

Highest/Lowest Fuel Prices by Legislative District: California Residential Electricity Price 52.6% Above Average for

Rest of US

California average Residential Price for the 12 months ended May 2019 was 19.14 cents/kWh, 52.6% higher than the US average of 12.54 cents/kWh for all states other than California. California's residential prices stayed the 7th highest in the nation.

California Residential Electric Bill 25.5% Growth Since 2010

For the 12 months ended May 2019, the average annual Residential electricity bill in California was $1247, or 25.5% higher ($253) than the comparable bill in 2010 (the year the AB 32 implementation began with the Early Action items). In this same period, the average US (less CA) electricity bill for all the other states grew only 3.4% ($46).

Residential bills, however, vary widely by region, with the estimated annual household usage in 2017 as much as 55% higher in the interior regions compared to the milder climate coastal areas.

$5.9b Premium Above

US Average Price

For the 12 months ended May 2019, California's higher electricity prices translated into Residential ratepayers paying $5.9 billion more than the average ratepayers elsewhere in the US using the same amount of energy

California Commercial Electricity Price 64.0% Above Average for

Rest of US

California average Commercial Price for the 12 months ended May 2019 was 16.56 cents/kWh, 64.0% higher than the US average of 10.10 cents/kWh for all states other than California. California's commercial prices were again the 6th highest in the nation.

California Industrial Electricity Price 104.7% Above Average for

Rest of US

California average Industrial Price for the 12 months ended May 2019 was 13.39 cents/kWh, 104.7% higher than the US average of 6.54 cents/kWh for all states other than California. California's industrial prices remained the 6th highest in the nation.

Impact On Commercial and Industrial Ratepayers $10.6b Premium Above

US Average Price

For the 12 months ended May 2019, California's higher electricity prices translated into Commercial & Industrial ratepayers paying $10.6 billion more than ratepayers elsewhere in the US using the same amount of energy.

California Natural Gas Prices

Average prices ($ per thousand cubic feet) for the 12 months ended May 2019 and changes from the previous 12-month period for each end user:

Note: All data sources, methodologies and historical data series available at [[link removed]]

Visit the center for jobs [[link removed]] The California Center for Jobs and the Economy provides an objective and definitive source of information pertaining to job creation and economic trends in California. [[link removed]] Contact 1301 I Street Sacramento, CA 95814 916.553.4093 If you no longer wish to receive these emails, select here to unsubscribe. [link removed]
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