The average monthly US electricity bill this summer will be 3% higher than last year, the EIA says.
AdvertisementThe possibility of a warmer-than-typical summer will make energy prices higher, the US Energy Information Administration said in a new report.
The EIA finds that the average US electricity bill from June through August will be $173, a 3% climb over last year.
The biggest dollar-amount increase will be seen in Mid-Atlantic states, where the average bill will rise by $14, the EIA said.
In September, a Texas heat wave sent spot electricity prices up 20,000% and caused the state's grid operator to issue an emergency.
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