Nearly 20 million households are behind on their utility bills | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The high prices of essential goods, particularly food and housing, has made it tough for many folks to afford the soaring cost of their energy bills.

That has helped drive up the number of households behind on their utility payments to nearly 20 million as of March, up from 17.6 million a year earlier, according to the National Energy Assistance Directors Association. The households owe a total of $19.5 billion, up from $15.7 billion in March 2022. “You have to buy food. You have to pay your rent,” said Mark Wolfe, the association’s executive director.

It will vary by region, with customers in New England paying about $13 more than the national average, while those in parts of the South paying about $8 less because of changes in electricity prices. However, Wolfe predicts the tab will be closer to $575 since this summer is expected to be warmer than last year’s. Less federal help available The spike in arrears comes at a time when there is less federal funding for energy assistance available.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Meta slapped with record $1.3 billion EU fine over data privacy | CNN BusinessMeta has been fined a record-breaking €1.2 billion ($1.3 billion) by European regulators for transferring data belonging to Facebook’s EU users to servers in the United States.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

TikTok sues Montana over new law banning the app | CNN BusinessTikTok sues Montana over a bill that would ban the popular short-form video app in the state starting early next year, alleging the ban violates the US Constitution, including the First Amendment, as well as other federal laws
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

More cash, fewer bonds: How corporate America can prepare for a US default | CNN BusinessThe White House and congressional Republicans have yet to reach a debt ceiling deal, and a US default looms. Business owners, and the rest of the country, are in wait-and-see mode, bracing for possible recession and job losses should a default happen.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Africa's richest man launches $20 billion refinery to revive Nigeria's oil industry | CNN BusinessAfrica's richest man, Aliko Dangote, has launched his highly-anticipated $20 billion refinery — considered a 'game-changer' in boosting Nigeria's oil industry
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »