Table 1. Retail Prices of Electricity Sold by Electric Utilities, 1973-1997
(Cents per Kilowatthour)

Year Residential Commercial Industrial
Nominal Real (1992 dollars)a Nominal Real (1992 dollars)a Nominal Real (1992 dollars)a
1973 2.5 7.1 2.4 6.8 1.3 3.7
1974 3.1 8.1 3.0 7.8 1.7 4.4
1975 3.5 8.3 3.5 8.3 2.1 5.0
1976 3.7 8.3 3.7 8.3 2.2 4.9
1977 4.1 8.6 4.1 8.6 2.5 5.3
1978 4.3 8.4 4.4 8.6 2.8 5.5
1979 4.6 8.3 4.7 8.5 3.1 5.6
1980 5.4 9.0 5.5 9.1 3.7 6.1
1981 6.2 9.4 6.3 9.5 4.3 6.5
1982 6.9 9.8 6.9 9.8 5.0 7.1
1983 7.2 9.8 7.0 9.6 5.0 6.8
1984 7.15 9.5 7.13 9.4 4.83 6.3
1985 7.39 9.4 7.27 9.3 4.97 6.4
1986 7.42 9.2 7.20 8.9 4.93 6.1
1987 7.45 8.9 7.08 8.5 4.77 5.8
1988 7.48 8.7 7.04 8.1 4.70 5.5
1989 7.65 8.5 7.20 8.0 4.72 5.2
1990 7.83 8.3 7.34 7.8 4.74 5.0
1991 8.04 8.2 7.53 7.7 4.83 4.9
1992 8.21 8.2 7.66 7.7 4.83 4.8
1993 8.32 8.1 7.74 7.5 4.85 4.7
1994 8.38 8.0 7.73 7.3 4.77 4.6
1995 8.40 7.8 7.69 7.1 4.66 4.4
1996 8.36 7.6 7.64 6.9 4.60 4.2
1997 8.43 7.6 7.59 6.8 4.53 4.1

aIn chained (1992) dollars, calculated by using gross domestic product implicit
  price deflators.

Source: Energy Information Administration (EIA), Form EIA-861, "Annual
Electric Utility Report," and predecessor forms.