Most Americans should expect to pay more for their electric bills and other utilities this summer. June's heat wave has plunged over 100 million Americans into extreme heat, according to the National Integrated Heat Health Information System (NIHHIS). From April 2021 to April 2024, electric prices have increased by 24%, and you’ve no doubt been feeling the strain on your wallet. Here's a look at what's causing this rise in energy prices and what you can do to save money.
