Electricity prices hit record high — and it's set to get even worse
The average retail price for electricity gained 7.4% in September to a record 18.07 cents per kilowatt-hour, the biggest gain since December 2023, according to data released Tuesday.
(Bloomberg) -- American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.
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The average retail price for electricity gained 7.4% in September to a record 18.07 cents per kilowatt-hour, the biggest gain since December 2023, according to data released Tuesday.
(Bloomberg) -- American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.
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