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Household Electricity Bills Skyrocket!
Submitted by SadInAmerica on Wed, 12/14/2011 - 10:01am.
Electric bills have skyrocketed in the last five years, a sharp reversal from a quarter-century when Americans enjoyed stable power bills even as they used more electricity.
More electricity use at homes and higher prices are driving up power bills.
Households paid a record $1,419 on average for electricity in 2010, the fifth consecutive yearly increase above the inflation rate, a USA TODAY analysis of government data found. The jump has added about $300 a year to what households pay for electricity. That's the largest sustained increase since a run-up in electricity prices during the 1970s.
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Submitted by SadInAmerica on Wed, 12/14/2011 - 10:01am.
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