- American households are facing record-high costs to cool their homes this summer due to rising electricity prices and soaring temperatures.
- The average U.S. household is projected to spend $792 on electricity between June and September, marking a 10.5 percent increase from last year and nearly 40 percent since 2020.
- One in six American households is currently behind on utility bills, with nearly 40 percent of households earning less than $50,000 reporting difficulty keeping up with payments.
- Cooling costs are forecasted to increase across all regions of the country, with significant hikes expected in the Mountain, South Atlantic, and West South Central regions.
- The National Energy Assistance Directors Association is calling on Congress to increase funding for the Low-Income Home Energy Assistance Program to $7 billion for fiscal year 2027 to help address these rising costs.
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