This got me curious about how electricity prices have varied over that time period.
https://www.eia.gov/totalenergy/data/annual/showtext.php?t=ptb0810
Rough story (adjusted for inflation):
Prices were decreasing until 1973
Prices spiked with the oil shock
They came back down to 1965-1970 levels by ~2000
Since then have been tracking slowly upwards (up to 2010 at least)
This got me curious about how electricity prices have varied over that time period.
https://www.eia.gov/totalenergy/data/annual/showtext.php?t=ptb0810
Rough story (adjusted for inflation):
Prices were decreasing until 1973
Prices spiked with the oil shock
They came back down to 1965-1970 levels by ~2000
Since then have been tracking slowly upwards (up to 2010 at least)