West Virginia Executive - Spring 2012

Page 50

Household Energy Consumption

With regards to household energy consumption for the time period of 1995 to 2011, there is an upward trend in consumption from 1995 to around 2006. After 2006 there is a downward trend, which is likely a combination of the recession, higher energy prices and regulations on the fuel efficiency of vehicles. The result is that from 2000 to 2011, there was a small increase of household energy consumption (about 0.7 percent).

Household Energy E xpenditures (Nominal)

This graph shows household energy expenditures from 1995 through 2011. An increase in expenditures can be primarily driven by an increase in price and/or an increase in consumption. Energy expenditures increased 105 percent from 2000 to 2011 and were primarily driven by price, which increased 103 percent over the time period. Energy consumption had a much smaller impact, as it only increased 0.7 percent over the period.


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