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Record Summer Heat Drives Up Electric Bills, Straining Budgets

U.S. households face a nearly 8% rise in cooling costs as federal aid is reduced, impacting low-income families the most.

AC technician repairs an air conditioning unit on July 10, 2023 in Austin, Texas.
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It will likely be more expensive to use your air conditioner this summer.
Brick guilding with identical small windows and Air conditioners.

Overview

  • Electric bills are expected to reach an average of $719 from June through September, the highest in a decade.
  • Low-income families are hit hardest due to reduced federal assistance and increased cooling costs.
  • The National Oceanic and Atmospheric Administration predicts a 61% chance of 2024 being the hottest year on record.
  • Only 17 states and Washington, D.C. offer protections against summer utility shut-offs.
  • Heat-related deaths and health emergencies are rising, exacerbated by extreme temperatures and financial strain.