Unprecedented temperatures could equal unprecedented energy costs. Households are predicted to pay nearly $800 on average between June and September. That’s an over 10% increase from last year, according to a recent report from the National Energy Assistance Directors Association. This trend is driven by “nominal price inflation and real increases in electricity expenditures.”
Uneven impacts: The biggest price spikes could hit the Mountain region, where residents are poised to pay nearly 14% more. That’s followed by the South Atlantic, where households could see a nearly 13% increase.
Molly Glick
Energy Central Team
Tue, Jun 16