NPR|1 minute read
Electricity Prices Surge: Outpacing Inflation at an Alarming Rate
TL;DR
Electricity prices are skyrocketing, increasing more than twice as fast as inflation, causing a financial strain on households across the nation.
- Electricity costs are rising at an alarming rate.
- Low-income families are feeling the pinch as energy costs soar.
- Multiple factors contribute to rising electricity prices, including demand and supply chain issues.
- Practical tips are available for managing increasing power bills.
Here’s the full scoop.