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1 $0.09 per kWh for electricity is the Federal average price in the U.S. 2  $0.93 per therm for gas is the Federal average price in the U.S. 3  Hot water usage estimates: 4  Average shower (8 minutes) = 10 gallons of hot water. Lifetime energy cost is the sum of the discounted value of the annual energy costs based on assumed water heater life of 13 years. 2  Future electricity price trends and a discount rate of 3.2% are based on Federal guidelines.
(See chart 1 and table 1 .). The 15.9 cents per kWh that Philadelphia households paid for electricity in July 2015 was 12.0 percent higher than the nationwide average cost of 14.2 cents per kWh. Last July, electricity prices in Philadelphia were 11.2 percent higher than the nation.See chart 1 and table 1 .). The 15.9 cents per kWh that Philadelphia households paid for electricity in July 2015 was 12.0 percent higher than the nationwide average cost of 14.2 cents per kWh. Last July, electricity prices in Philadelphia were 11.2 percent higher than the nation.