A BIG factor in electricity is the cost of fuel, and whether it's a 'for-profit' utility that's trying to maximize return.
If your region is getting the bulk of their power from Hydroelectric (no fuel costs at all, they just have to pay off the note for building that big dam and buying all the land they flooded behind it) or the like, and your local power utility is a Co-Op that isn't out to gouge everyone, electricity could meet or beat fossil fuels.
But it's 'Man Bites Dog' rare. And the situation could change drastically from year to year.
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