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Americans owe $22 billion in late utility bills as energy prices spike 34%—here’s where you can find help
If you’re one of the millions behind on your utility bill, these resources can assist.
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Americans are getting crushed by inflation across the board, but one area that isn’t regularly addressed is energy prices. CPI data released Friday morning detailed that in the past year, the energy index soared 34.6%. In May alone, the energy index jumped 3.9%, natural gas rose 8% and the electricity index increased 1.3%.
Home energy prices, specifically natural gas prices, have been relatively calm over the last 10 years. But since the onset of the pandemic, prices have soared to highs not seen since 2008. And the one-two punch of Covid-related economic hardship and 40-year high inflation has left millions unable to pay their utility bill.
Below, Select dives into data behind late utility bills, plus we hear from an expert on how those late on their bills can get help…….More Here
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