Electricity prices are climbing more than twice as fast as inflation | NYGazet

Electricity prices are rising more than twice as fast as overall inflation. That's especially costly during the dog days of summer when air conditioners are working hardest. In addition to hot weather, a variety of factors are causing power bills to climb, including the high cost of natural gas used to generate electricity and soaring demand from data centers.

Electricity prices are climbing more than twice as fast as inflation toggle caption Ken Thomas Ken Thomas woke up this past Wednesday to find the power had gone out at his house in Boca Raton. A text message from his utility said a piece of equipment... [5267 chars]