CBS News: Many Americans struggle to keep the lights turned on as energy costs & usage rise – Blame it on ‘climate change’ – No mention of green energy policies
Matt Schulz, LendingTree chief credit analyst expects both power costs and usage to continue increasing. "For one, climate change and the extreme weather that can come along with it may lead to greater usage, both in the heat of summer and the cold of winter," he said. "Also, many utility companies are seeking to raise their rates in response to growing demand and other issues, and they're getting their way in many cases. It all adds up to some challenges for people with tight budgets."
By Marc Morano
December 13, 2024
12:41 pm
https://www.cbsnews.com/news/electricity-bill-americans-struggle-to-pay-lendingtree/By Anne Marie Lee
With the cost of things like food and housing still straining people’s budgets, many U.S. households over the past year have found themselves having to pare their spending on basic necessities just to keep the lights on at home.
That’s according to a recent Lending Tree study which analyzed U.S. Census Bureau Household Pulse Survey data from Aug. 20, 2024 to Sep. 16, 2024 to find the percentage of Americans 18 and older that had cut back on necessary expenses to pay their energy bill, kept their home at an unsafe or unhealthy temperature, or was unable to pay the full amount on an energy bill at least once over the preceding 12 months.
The study found that more than 34% of respondents said they have had to cut back or skip spending on certain necessary expenses at least once over the past year in order to pay their energy bill.
https://www.climatedepot.com/2024/12/13/cbs-news-many-americans-struggle-to-keep-the-lights-turned-on-as-energy-costs-usage-rise-blame-it-on-climate-change/
