Residential electricity bills in the U.S. are projected to rise this summer, reaching an average of $178 per month, up from $173 last summer. The largest increase will occur in New England, where bills are expected to rise by $13. The West South Central region will see the highest average bills at $193, while regions such as East North Central will have lower bills averaging $148. Home cooling costs are also on the rise, averaging $784 this summer, reflecting a 6.2% increase due to rising electricity prices and higher temperatures caused by climate change.
The U.S. Energy Information Administration warns that residential customers will likely experience the largest increase in average monthly electricity expenditures across the country.
From June through September, average monthly electricity bills will reach $178, up from $173 last summer, indicating soaring expenses for electricity.
New England will likely experience the largest increase in average monthly electricity expenditures, with a forecast rise of $13 this summer compared with last summer.
Home cooling will cost an average of $784 this summer, up 6.2% from $737 last year, driven by rising electricity costs and higher temperatures.
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