Experts say you should expect higher energy bills this winter. Here's how much higher they could get.It may be considered a mild winter this year, but Americans sure aren't feeling it in their energy bills.
The number of households receiving energy assistance during the current winter season rose an estimated 1.3 million, from 4.9 million to 6.2 million, the largest one-year increase since 2009 and the highest total rate of applications since 2011, according to policy organization National Energy Assistance Directors’ Association on Monday.
Applications for energy help is made through the federal social services Low Income Home Energy Assistance Program in each state. "These numbers don’t even account for possible increases in applications this summer to help families pay for air-conditioning as they deal with rising temperatures due to climate change," said Mark Wolfe, NEADA executive director."We could hit record levels of applications this year if current trends continue."Electricity bills may continue to shock you even as overall inflation eases. Here's why.
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