US summer home power bills to jump by nearly 8%, energy policy organizations say

NEW YORK - U.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling costs, according to a study released on Monday by the National Energy Assistance Directors Association and the Center for Energy, Poverty, and Climate.

The U.S. south is likely to see overall highest costs, with power bills in Texas and surrounding states expected to hit $858 this summer, the organizations said.

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