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New Mexico

Investing in Tomorrow

By Keven J. Groenewold

Consumers are adding more plugged-in devices daily, and are paying more for their convenience. The average annual residential electric bill has soared $263 since 2005, with electricity use outpacing efficiency efforts. Despite the rescent recession, U.S. homes on average used an additional 50 kilowatt-hours (kWh) every month between 2009 and 2010; retail electricity sales rose 4.4 percent.