Electric bills will be larger than ever for many households this summer, analysts are warning, adding to the pain of high inflation and record-high fuel costs.
The most recent estimates from the Energy Information Administration are that electricity prices will rise by a national average of 3.9% this summer compared to last summer. Accounting for reduced use, expenditures will be up 0.9%.
Some regions will be hit especially hard, most notably New England, which relies on natural gas and oil for more than half of its total power supply. Forecasters are also predicting a dry and scorching summer, when, the EIA report says, residents can expect their power bills to rise by nearly 10%.
THANK Biden / Pelosi & the rest of your Democrats !!!! You will also Pay right along with me !!!! LOL LOL
More Gouging approved by Biden !!!!!!
Biden Gave All companies Permission to GOUGE Americqns 2022 !!!!!!!!!!!
thats great news and when gas goes to $12 a gallon that will be even better. we can all sit home and wait on our ebt cards each month just like uncle joe wants us to.
Need an Electric Pipeline to Canada !!!!!!!
Oil Pipeline to Canada
Baby Formula Pipeline to Canada
this is part of the great transition. BANKRUPTCY FOR US ALL
Stock Market CRASH like the 20’s / 30’s !!!!!!!!!
I’m with you 1:25 .I think Trump f’ed up the plan…bill Clinton left office and zeroed out the debt by using Social security equity..in comes Bush, a war, obamas placement of communist in key positions and they set trump up with covid and the tab rung right back up to today’s house of cards. The covid scam was supposed to be Hillary in office to really swing it to total collapse..well now they have this clown butt pupet.. of course those pesky guns are in the way again..because when they do collapse it they want us unarmed!!
have no fear people, uncle joe and his team of experts have everything under control. we are very lucky to have these great people leading us.
Electric companies ALWAYS GOUGE !!!! They have more money than the Govt > ENDLESS $$$$$$$$$$ !!!!!!!!
Should be HALF what we pay now !!!!!!!
With more and more electric cars plugging in, that just puts more demand on the grid. That mean bring on more generation. That mean higher cost to the rate payer.
things cant get much bettefr
Foghorn Leghorn back agwin on the island. Sheesh
Biden Choking off Americans on Every possible Front !!!! Hate to see what is next
We need a booze pipeline from Canada for Nancy Pelosi and her boozing husband, so they don;t run low on liquid refreshment. She gets so nasty when she needs a drink,.