Here's how much your summer cooling costs could increase as mercury rises

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Climate change could spell financial trouble for families trying to cool homes as summer temperatures are projected to hit record highs.

High temperatures will do more than beat down American bodies this summer: They'll hit their wallets hard, too. The financial burden on families for keeping their homes cool will jump nearly 8% across the United States, from an average cost of $661 from June through September to $719, according to projections from the National Energy Assistance Directors Association and the Center for Energy Poverty, and Climate . That's nearly $60 more in electricity costs for households across the U.S.

Increased energy costs are becoming unaffordable for low-income families in particular. Nearly 20% of very low income families don't have air conditioning at all, making being inside their homes in summer downright dangerous, given high temperatures, according to the NEADA and CEPC report.'In less extreme situations, a family can ride out a hot day by opening their windows, taking a cool shower, and hoping it cools down at night.

 

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