Summer ends: women, minorities, New Englanders hardest hit

(This is an actual thing. suggestions include eating by candlelight, reading aloud, and stargazing)

Americans Are Set To Face A Massive Power Bill This Winter

Household electricity bills, which are already soaring to their highest levels in years, are likely to experience substantial price hikes during the winter months due to the rising price of natural gas, according to the Energy Information Administration (EIA).

The average household price of electricity in 2022 is forecasted to be 14.8 cents per kilowatt-hour in 2022, 7.5% higher than it was in 2021 due to rising natural gas prices, according to the EIA’s short-term energy outlook. The National Energy Assistance Directors Association (NEADA) also forecasted that American families will pay 17.2% more to heat their homes this winter, according to a Sept 12. press release. (RELATED: ENERGY CRISIS: Millions Of Americans Can No Longer Afford To Pay Their Utility Bills)

The average cost of household energy will have increased by more than 35% from 2021 if NEADA estimates are correct.

Natural gas prices, which more than doubled in 2022, will also cause the average price of electricity to rise to 15.24 cents per kilowatt-hour in 2023 as global and domestic demand will hike during the winter months.

The agency predicts that wholesale prices will reach $100 megawatt-hour in New York, which is up 124% from 2021, and New England, up 96% from 2021. The Northeast faces the highest winter electricity price forecast as the region is heavily reliant on liquefied natural gas, large amounts of which are being imported to Europe to address the continent’s energy shortages; meanwhile, green energy is currently unable to fill supply gaps.

Connecticut’s decades-long battle against fossil fuels; blocking pipelines, closing power plants, and forcing consumers to subsidize useless wind and solar projects has pushed the price of electricity to 24¢ a kilowatt-hour, far above the national average of 15.24¢. Electric bills that will be daunting to much of the country will be crushing in New England.

And that’s before the fuel oil bills arrive. I was speaking with a friend of modest means in New Hampshire last evening, and he told me that he’d just finally paid off the balance on his heating bill from last winter, and had no idea what he was going to do in a few months.

Maybe he can persuade the residents of MV to front him bus fare to Texas, where it’s warmer.