Texas households some of the largest energy consumers

Out of all the states in the nation, residents of the Lone Star State rank number six in energy consumption.Texas accounts for the largest share of energy production in the country, and households are are also responsible for one of highest rates of energy consumption.Out of all the states in the nation, residents of the Lone Star State rank number six in energy consumption, according to the Energy Information Administration. While the majority of this energy consumption goes toward the industrial sector, residential housing accounts for 14.4 percent use.The average household in Houston paid $344.37 in September on utility bills and other essential services, according to the White Fence Index. This was a significant increase from April when the average household paid $249.88 for the same services.While this cost may seem expensive to households in many other parts of the country, the per capita disposable income in Texas surged 15 percent since 2006 to $36,631, making the payment of such bills more affordable for many individuals.? ? A high utility cost should not deter prospective buyers from investing in Houston real estate. Property values in the metropolitan area are expected to increase in the near future, which could make an investment very profitable.? Real Estate News brought to you by 2M Realty, a true expert in the online real estate market.

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