Electric Bills Soar Across the Country as Winter Looms

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Electric Bills Soar Across the Country as Winter Looms
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A supply crunch has made it substantially more expensive for utilities to purchase or produce power, and those costs are being passed on to customers

U.S.

utility customers, faced with some of their largest bills in years, are set to pay even more this winter asNatural-gas prices have more than doubled this year because of a global supply shortage made worse by the, and they are expected to remain elevated for months as fuel is needed to light and heat homes during the winter. The supply crunch has made it substantially more expensive for utilities to purchase or produce power, and those costs are being passed on to customers.

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