Thursday, May 26, 2022

 Consumers Face Summer Of Hell As Power Bill Costs Set To Jump, May 25, 2022:"Tight supplies of natural gas, crude, and coal have pushed up residential electricity rates this year. A nationwide weather outlook for this summer forecasts extreme heat -- all of this will force households to crank up their air conditions, resulting in oversized power demand that could stress national grids.

Bloomberg cites new data from Barclays Plc that says monthly power bills could be 40% more than last year's. The US Energy Information Administration expects retail residential electricity rates to increase the most since 2008"
https://www.zerohedge.com/commodities/consumers-face-summer-hell-power-bill-costs-set-jump

#NurseUp #Consumer #ElectricBills #NaturalGas #CoolingCosts #AirConditioners

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