Americans to Pay 8 Percent More in Cooling Costs This Summer: Report

Cooling costs were found to have risen by almost 30 percent since 2020.
Americans to Pay 8 Percent More in Cooling Costs This Summer: Report
A technician repairs an air conditioning unit in Austin, Texas, on July 10, 2023. Brandon Bell/Getty Images
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American citizens likely will pay more in cooling costs this summer, with the Mid-Atlantic and Pacific regions seeing over 12 percent jump in related expenses, according to a joint report by the National Energy Assistance Directors Association (NEADA) and the Center for Energy Poverty, and Climate (CEPC).

“Home energy is becoming increasingly unaffordable for low-income families,” said the June 3 report. “The financial burden to families of keeping cool this summer will increase by 7.9 percent across the nation to an average of $719 from June through September, up from $661 during the same period last year.” In 2020, prior to the Biden administration coming to power, the average summer electric bill was $556. The 2024 bill indicates a nearly 30 percent jump from 2020.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.