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Yes, in inflation-adjusted (real) terms, energy costs have generally decreased. https://www.eia.gov/totalenergy/data/annual/showtext.php?t=ptb0810 https://www.
by aeternum 5y ago
Yes, in inflation-adjusted (real) terms, energy costs have generally decreased.
https://www.eia.gov/totalenergy/data/annual/showtext.php?t=ptb0810 https://www.eia.gov/totalenergy/data/annual/showtext.php?t=p... and https://www.in2013dollars.com/Electricity/price-inflation https://www.in2013dollars.com/Electricity/price-inflation
Since electricity hasn't been around for that long (relatively), another way to look at it is the cost of light. We take it for granted but being able to do anything at night was really a luxury for the rich for much of human history:
https://www.vox.com/2015/6/9/8749751/historic-cost-of-lighting https://www.vox.com/2015/6/9/8749751/historic-cost-of-lighti...
- hammyhavoc 5y agoYou're amazing for sharing this with me, thank you so much.