Rising Electric Bills Expected for Americans Amid Higher Temperatures

Reported about 14 hours ago

This summer, Americans may face a 4% increase in electricity bills compared to last year due to rising natural gas prices and forecasts of above-average temperatures. The average monthly bill is projected to reach $186, with New England seeing the highest increases at 6.7%, while the Pacific Coast may experience a slight decrease. The surge in electricity generation from natural gas, coupled with increased demand from LNG exports, has contributed to this price hike.

Source: YAHOO

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