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Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago.
The biggest shocks in electricity expenditures are expected along the Pacific Ocean and in New York, New Jersey, and Pennsylvania, while New England residents can expect to have lower bills than in 2023 on average, as should residents of Texas, Oklahoma, Arkansas, and Louisiana, even though… They can expect another summer of America's largest energy bills, the Energy Information Administration said in a report Final analysis.
This month will likely end as the warmest June on records dating back to 1950, both in terms of actual temperature and cooling degree days, Steve Silver, chief meteorologist at Maxar, told Dow Jones.
Air conditioning bills would have been higher if last winter had not been so warm; As the need for heat decreased, more natural gas was left unburned, and prices fell during the spring, when demand for gas was low.
US natural gas prices have begun to rebound as inventories fall, with July futures ending the week at $2.71 per mmBtu, up 74% from their lows in late March, and 5% higher on the year. the past.
While renewable energy production is on the rise, natural gas remains the dominant means of producing electricity in the United States, accounting for 43% of utility-scale power generation last year — more than nuclear, coal and wind combined, the EIA said.
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