Ownerly examines which states saw the largest increase in electric bills the past year, as energy inflation hit a 40-year high.
Jan 5, 2023 09:27 EST
NEW YORK, January 5, 2023 (Newswire.com)
In 2022, American consumers faced the highest electricity costs in more than 40 years, due to inflation, a rebounding economy and fuel-related repercussions from the Ukraine war. It appears the worst is not over. A newly released study from Ownerly, a leading home and property value estimation platform, analyzed 12 months of Energy Information Administration (EIA) data and found the increase in out-of-pocket consumer spending exceeded 22 billion—not all related to an increase in…