| > two links [0] that show on average the US has notably more expensive electricity than China The median American pays more for everything than the median Chinese. Including power. For electricity, particularly for households, the difference is largely taxes. The median kWh purchased in America, however, is bought for less than it is in China because power-hungry industry happens where it is cheap. This cost difference is partly because China underproduces energy by a third [1]. It’s partly because we make power more cheaply [2]. The first gives us security. The second economic advantage. (It’s also why ditching coal and oil is easier for America than it currently is for China.) Also, fun fact: electricity is getting cheaper in America, and has been for at least forty years [3]. (Those are household figures. No ready source for industry, but same tale, you can deflate historic prices using the PPI.) [1] https://en.m.wikipedia.org/wiki/List_of_countries_by_total_p... [2] https://www.iea.org/reports/projected-costs-of-generating-el... [3] https://www.usinflationcalculator.com/inflation/electricity-... |