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June 5, 2020June 5, 2020Paul Steidler

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The Coming Crunch On Electric Bills And Shutoffs (From InsideSources)

June 5, 2020June 5, 2020Paul Steidler

Millions of Americans could lose their electricity this summer. More than 40 million people have filed for unemployment insurance since the pandemic began. Even before that, 31 percent of U.S. households were finding it hard to pay the electric bill. While many states have moratoriums on disconnecting those who are in arrears, these programs are starting to phase out. It is time to get extraneous costs out of electric bills and to take a concerted approach to increase supply and reduce the cost to consumers. Lexington Institute’s Paul Steidler has written an analysis for InsideSources about this topic here.

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