A new Department of Energy report released on June 23 indicates most U.S. residents can expect their monthly electricity bills to rise slightly this summer, even though many consumers would be using less power.
In a new brief extracted from the DOE’s short-term energy report, the Energy Information Administration (EIA) states that residential customers in the United States can expect average monthly electricity bills of $178 between June and September, an increase of $5 from a year ago.
“We expect a slight decrease in consumption, driven by cooler forecast summer temperatures relative to last summer, which only partially offsets the expected increase in residential electricity prices in most areas of the country,” the EIA stated in its one-page summary….