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 Missouri Electric Rates Some of the Lowest in Nation
By: Darin "Sid" Cameron, CRS
Wed, Dec 21st, 2005 11:50 pm

There are a lot of great reasons to live in St. Louis, but one of the best has to be the low cost of living compared to other large cities.

Well, when you tally up cost of living you can also add low electrical rates to our plus column.

Below are excerpt from a press release from the Public Service Commission.

Missouri’s electrical rates for homes and businesses are among the lowest in the nation, making the state an increasingly better place to live and do business, according to a report released by the research arm of the Missouri Department of Economic Development.

Missouri had the eighth lowest for residential users and sixth lowest for commercial users of electricity as measured in cents per kilowatt-hour in 2004. The average residential rate in Missouri was 7.06 cents per kilowatt-hour and the commercial rate 5.86 cents per kilowatt-hour.

The state’s rates have also been going down relative to other states since 1997.

Earlier this year, the Milken Institute reported that the cost of doing business in Missouri was 13 percent below the national average index that is based on wage costs, tax burden, electricity costs and industrial and office rent costs.

[ Next Article: State Tax Credits Will Aid Procter and Gamble Expansion in St. Louis ]
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Darin "Sid" Cameron spent 15 years working in the technology industry which in 1998 relocated him to St. Louis. In 2004 he took over web development tasks for Kimberly's real estate team and later became the full-time Marketing and Operations Director in 2005. In 2011 Sid launched two brokerages, The Realty Store, Inc. and Realty Referral Partners, Inc, while continuing to perform marketing and operations for Kimberly's team. Sid holds a real estate broker's license in Missouri, CRS certification and was the first CyberStar in the St. Louis area.
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