The Real Reasons Your Power Bill Is Exploding ...Middle East

Economy by : (OILPRICE) -
Over the past month, friends, family, and acquaintances have asked why their electricity bills have skyrocketed. One friend wrote, “I am curious if you have any thoughts about why electric bills are doubling and, in some cases, tripling? People in my area are in shock. In two months, my bill doubled.” I live in Phoenix, and we actually have reasonable electric bills because we are served by the Palo Verde Generating Station. Despite the intense heat here, my electric bill never rises above $300 except in July. More on that later. …

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