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Springfield utility costs rank lowest in U.S.

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Despite the rising prices of natural gas, Springfield ranked the lowest in utility costs among urban cities in the United States in the third quarter, according to a recent report by the American Chamber of Commerce Research Association.

With an index rating of 73, Springfield was nearly 30 percent below the national average of 300 cities included in the report. The average is represented by an index of 100.

Utility prices in Springfield were less than prices in other low-ranking cities such as San Antonio, Texas; Charlotte, N.C.; and Champaign-Urbana, Ill.

Springfield’s utility index in the second quarter was 73.8, second only to San Antonio at 68.9.

ACCRA is a national research association that tracks the cost of living in urban areas across the country. The organization’s utility analysis measures residential electric and gas rates and local telephone service costs.

Click here to read SBJ’s in-depth look into the cost increases that local utility customers can expect to see this winter.

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