Wednesday, April 8, 2009

SBE Council Releases Report Ranking the States on Energy Costs

The Small Business & Entrepreneurship Council (SBE Council) released the Energy Cost Index 2009, which ranks the 50 states and District of Columbia according to key energy costs affecting business.

SBE Council’s “Energy Cost Index 2009″ looks at two major energy costs affecting small businesses, individuals and families: 1) the price of regular gasoline at the pump, and 2) the cost of electricity (average revenue per kilowatthour). Each are calculated as indices and combined into one index.

At the top - or the lowest cost states - are: 1) Wyoming, 2) Idaho, 3) Utah, 4) Kentucky, 5) West Virginia, 6) Missouri, 7) Nebraska, 8t) Indiana, 8t) Iowa, 8t) North Dakota, 11) South Dakota, 12t) Arkansas, 12t) Kansas, 12t) South Carolina, and 15) Oklahoma.

The highest cost states (including the District of Columbia) include: 37) Florida, 38) Delaware, 39) Vermont, 40) Maryland, 41t) District of Columbia, 41t) Maine, 43) New Jersey, 44t) California, 44t) New Hampshire, 46) Massachusetts, 47) Rhode Island, 48) Alaska, 49t) Connecticut, 49t) New York, and 51) Hawaii.

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