Thursday, May 26, 2022

Here’s How High Your Electric Bill Could Get This Summer

Man shocked by energy bill.
tommaso79 / Shutterstock.com

As summer heats up, prepare for your wallet to melt down. Residential electricity rates could soar 40% higher this summer compared with 2021, according to an estimate from Barclays PLC, Bloomberg reports. Meanwhile, the U.S. Energy Information Administration projects that retail residential rates will rise more in 2022 than they have in any year since 2008. If you have the misfortune of living in...



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