A dramatic demand for electricity, coupled with a rise in costs, could create massive energy challenges for the United States over the next two decades, a new report released Tuesday by ICF found. The global consulting and technology services company predicted that electricity demand could jump at least 25% in the next five years and as […]
Home electricity bills may reach a 12-year high this summer, driven by high temperatures, inflation
High temperatures projected across the U.S. summer could take a toll on Americans’ budgets by driving up the price of keeping homes cool. Home electricity bills are expected to rise to an average of $784 for the summer period, up more than 6% from $737 in 2024 and marking a 12-year record, according a new […]