Last year’s shocking winter heating prices are back with a vengeance: Natural gas heating costs are expected to rise 28% compared to recent winters. One in six households are already behind on their utility bills, and national utility bill debt doubled from December 2019 to June 2022, according to the National Energy Assistance Directors Association.
While household energy cost price spikes across the United States feel like déjà vu, the overall energy picture has changed drastically since last year. The Inflation Reduction Act’s historic clean energy investments will accelerate deployment of utility-scale renewable energy and energy storage, distributed clean energy resources, and high-efficiency electric technologies.
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Source: Utility Dive
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