Households face being hit with shocking electric bills this summer

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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%.

The estimates of higher bills add to warnings that electric grids will be strained and face blackouts throughout the summer. Natural gas storage is also still below the five-year average, which experts said also likely contributed to the spike.

 

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We get black outs and higher electric bills! How’s that work, less electricity and it cots more!

Already have here. Really bad!!!! We tried to warn ppl. Not sure who we'd call honestly so I wrote everybody! Lol My sister and I have never went over $250 a month on a budget plan. In February we got a bill for ..... $2000.00 now on a budget plan. Wtf!

Soooo, the cure is to buy more electric cars? 🤔

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