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Warning On Summer Electric Bills

May 18, 2022 by sd

From Fox News:

Get ready for a more expensive electric bill as prices surge

Summer is right around the corner, which means jamming up those air conditioning units. However, with the cost of energy rising, cooling down the house in the midst of the sweltering summer heat is going to cost more than usual. The U.S. Energy Information Administration (EIA) estimated that on average there will be an increase of 3.9% in the price of electricity for U.S. households this summer. For the entire summer, the agency projects that the average household is expected to spend 0.9% more for electricity compared to summer 2021, according to the EIA.

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