Americans Struggling To Pay Skyrocketing Energy Bills ...Middle East

Economy by : (OILPRICE) -
A summer of record-breaking heat has dramatically increased electricity consumption for Americans with many now struggling to keep up with their skyrocketing electric bills. According to the U.S. Energy Information Administration (EIA), the average household spends about $262 a year on air conditioning, with costs going as high as $525 in the hot and humid Southeast.  Close to 90% of U.S. households use air conditioning (AC), with two-thirds of U.S. households using central AC or a central heat pump as their main AC equipment. In 2020, the…

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