Why US Power Bills Are Surging

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Now, electricity prices are surging in addition to all of the uncorked demand from the Covid-19 pandemic, when the global economic slowdown and pressure from policymakers kept a lid on utility bills.

“I think if we were to repeat this analysis for next year, there would probably be a little bit of an uptick this year, but the data that I’m looking at doesn’t suggest a really significant increase in the historical context,” said Geoffrey Blanford, the lead author of EPRI’s report.

But there…



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Why US Power Bills Are Surging


Now, electricity prices are surging in addition to all of the uncorked demand from the Covid-19 pandemic, when the global economic slowdown and pressure from policymakers kept a lid on utility bills.

“I think if we were to repeat this analysis for next year, there would probably be a little bit of an uptick this year, but the data that I’m looking at doesn’t suggest a really significant increase in the historical context,” said Geoffrey Blanford, the lead author of EPRI’s report.

But there…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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