Air Conditioning Costs Are Expected To Skyrocket This Summer, Thanks To Biden
Guest Contributor
By
Guest Contributor
June 7, 2024
*Editors’ Note: This article, written by The Heartland Institute’s Chris Talgo, describes how air conditioning costs could spike this summer, due largely to president Biden’s energy and climate policies. Climate Realism has previously covered the folly of this administration’s approach to energy here, here, and here.
By Chris Talgo
According to a new report by the National Energy Assistance Directors Association (NEADA), “The financial burden to families of keeping cool this summer will increase by 7.9% across the nation to an average of $719 from June through September, up from $661 during the same period last year.”
The report, “Summer Residential Cooling Outlook: Residential Electric Utility Expenditures Projected to Reach Record Levels, Highest in 10 years,” begins with this ominous sentence: “Home energy is becoming increasingly unaffordable for low-income families.”
Making matters worse, NEADA notes, “Summer cooling costs are coming right on top of this winter’s higher heating season costs.”
And, “The level of utility consumer debt – the amount consumers owe their utilities – has increased from $17.5 billion in January 2023 to $20.3 billion in December 2023, and NEADA estimates that 16% (21.2 million) of all U.S. households are behind on their energy bills.”
https://climaterealism.com/2024/06/air-conditioning-costs-are-expected-to-skyrocket-this-summer-thanks-to-biden/
