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Electricity Price Update

The Energy Information Administration shaved a little bit off its forecast for residential electricity prices. Today its analysts said prices for the year are likely to be 4.7 percent higher than last year, on average. That's just a bit lower than the 5 percent annual increase they forecast in June.

By Elizabeth Razzi  |  July 7, 2009; 3:25 PM ET
Categories:  The economy  
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