The Briefing Room

General Category => Economy/Business => Topic started by: corbe on August 24, 2022, 03:23:05 pm

Title: A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills
Post by: corbe on August 24, 2022, 03:23:05 pm
A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills

Surging electricity prices spur worst-ever crisis in late utility payments.

By Will Wade and Mark Chediak
August 23, 2022 at 5:30 PM CDT Updated on August 23, 2022 at 7:05 PM CDT


Adrienne Nice woke up early on the morning of July 25 to news she’d been dreading. The power company, Xcel Energy Inc., had shut off the electricity to the small Minneapolis apartment she shares with her teenage son, just as a heat wave was bearing down on the city.

Nice had been struggling financially ever since the pandemic hit, racking up more than $3,000 in past-due utility bills. The warnings she’d gotten on her monthly statement—“FINAL NOTICE” scrawled in big, bold letters—had prepared her to some degree, but it was still jarring to find the fridge dark and the air conditioner silent. With temperatures set to reach 95F (35C) in the coming days, she needed the power back on, and fast.

The Nice household is one of some 20 million across the country—about 1 in 6 American homes—that have fallen behind on their utility bills. It is, according to the National Energy Assistance Directors Association (Neada), the worst crisis the group has ever documented. Underpinning those numbers is a blistering surge in electricity prices, propelled by the soaring cost of natural gas.

<..snip..>

https://www.bloomberg.com/news/articles/2022-08-23/can-t-pay-utility-bills-20-million-us-homes-behind-on-payments-facing-shutoffs#xj4y7vzkg (https://www.bloomberg.com/news/articles/2022-08-23/can-t-pay-utility-bills-20-million-us-homes-behind-on-payments-facing-shutoffs#xj4y7vzkg)
Title: Re: A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills
Post by: Kamaji on August 24, 2022, 03:25:26 pm
This is one of those kitchen-table matters that were so effectively used in 1980.  Where is the GOP today on this one?
Title: Re: A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills
Post by: Weird Tolkienish Figure on August 24, 2022, 03:28:09 pm
This is one of those kitchen-table matters that were so effectively used in 1980.  Where is the GOP today on this one?

Crickets.
Title: Re: A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills
Post by: Hoodat on August 24, 2022, 03:48:29 pm
Where is the GOP today on this one?

The GOP's main priority right now is to ensure that populist GOP candidates do not get elected.
Title: Re: A ‘Tsunami of Shutoffs’: 20 Million US Homes Are Behind on Energy Bills
Post by: DefiantMassRINO on August 24, 2022, 03:56:20 pm
GOP too busy planning their 2023 Congressional show trials.