From Center for Jobs and the Economy <[email protected]>
Subject California Energy Price Data for August 2019
Date September 6, 2019 4:00 PM
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Web Version [link removed] | Update Preferences [link removed] [link removed] California Energy Price Data

for August 2019

Below are the monthly updates from the most current August 2019 fuel price data (GasBuddy.com) and June 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 www.centerforjobs.org/ca.

California vs. US Fuel Price Gap at 42.3% Premium $1.07 Price Per Gallon Above US Average (CA Average)

The August average price per gallon of regular gasoline in California dropped 11 cents from July to $3.61. However, the California premium above the average for the US other than California ($2.54) rose to $1.07, a 42.3% difference, as prices improved more strongly elsewhere in the country.

2nd Ranked by price

In August, California had the 2nd highest gasoline price among the states and DC, behind only Hawaii. Californians paid $1.38 a gallon more than consumers in Louisiana, the state with the lowest price.

California vs. US Diesel Price $1.03 Price Per Gallon

Above US Average

(CA Average)

The August average price per gallon of diesel in California eased 6 cents from July to $3.92. The California premium above the average for the US other than California ($2.88) notched down to $1.03 cents, a 35.8% difference.

2nd Ranked by price

In August, 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 $1.28 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 $1.02 in the Sacramento Region (average August price of $3.56), to $1.28 in Central Sierra Region (average August price of $3.82).

Highest/Lowest Fuel Prices by Legislative District: California Residential Electricity Price 52.9% Above Average for Rest of US

California average Residential Price for the 12 months ended June 2019 was 19.21 cents/kWh, 52.9% higher than the US average of 12.56 cents/kWh for all states other than California. California's residential prices again were the 7th highest in the nation.

California Residential Electric Bill 25.5% Growth Since 2010

For the 12 months ended June 2019, the average annual Residential electricity bill in California was $1,247, 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 2.7% ($37).

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 June 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 64.2% Above Average for Rest of US

California average Commercial Price for the 12 months ended June 2019 was 16.60 cents/kWh, 64.2% higher than the US average of 10.11 cents/kWh for all states other than California. California's commercial prices were again the 6th highest in the nation.

California Industrial Electricity Price 105.4% Above Average for

Rest of US

California average Industrial Price for the 12 months ended June 2019 was 13.39 cents/kWh, 105.4% higher than the US average of 6.52 cents/kWh for all states other than California. California's industrial prices were again the 6th highest in the nation.

$10.5b Premium Above US Average Price

For the 12 months ended June 2019, California's higher electricity prices translated into Commercial & Industrial ratepayers paying $10.5 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 June 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]]

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