Skip to main content

Get ready for a summer of heat waves — and higher air conditioning bills

·1 min

Many Americans may experience higher electric bills this summer, particularly affecting those who already struggle financially. The average cost of staying cool is projected to increase by almost 8%, reaching $719 from June through September. This is compared to an average of $527 in 2019. Certain regions, such as the mid-Atlantic, Pacific, and Midwest, will see even higher price hikes. Rising temperatures will result in increased electricity usage, further driving up costs. The lack of comprehensive policies to aid people in staying cool during heatwaves exacerbates the issue. Heat-related deaths and health emergencies are on the rise, while federal funding for utilities assistance has been reduced. As a result, many households are falling behind on their utility bills, with record levels of debt.