Overall, Americans are paying 11% more for #electricity than they were in January, though that number varies widely: Costs have risen 37% in Missouri but have fallen in 3 states by as much as 13%, #NEADA found.
“With prices going up so rapidly, electricity is becoming #unaffordable in many parts of the country,” said Mark Wolfe, an #energy economist & exec dir of NEADA. “And it isn’t just lower-income households anymore; it’s spilling into the middle class.”
Overall, Americans are paying 11% more for #electricity than they were in January, though that number varies widely: Costs have risen 37% in Missouri but have fallen in 3 states by as much as 13%, #NEADA found.
“With prices going up so rapidly, electricity is becoming #unaffordable in many parts of the country,” said Mark Wolfe, an #energy economist & exec dir of NEADA. “And it isn’t just lower-income households anymore; it’s spilling into the middle class.”
In some areas, such as NYC, the surge has been dramatic—with residential shutoffs in Aug up 5X from a year ago, utility filings show.
In Pennsylvania…power shutoffs have risen 21% this year, with >270k households losing #electricity…. The avg electricity bill in the state…has risen 13% from 1 yr ago, as utilities upgrade grids to accommodate a burst of new #DataCenters, acc/to an analysis of federal data by #NEADA, which represents state directors of #energy aid programs for #LowIncome families.
Soaring #electricity prices are triggering a wave of power shutoffs nationwide, leaving more Americans in the dark as unpaid #bills pile up. Although there is no national count of electricity shutoffs, data from select utilities in 11 states show that disconnections have risen in at least 8 of them since last year, acc/to figures compiled by WaPo & the National #Energy Assistance Directors Association ( #NEADA).
#economy #affordability #Trump #inflation
https://wapo.st/3Xb0mXI