Electric home owners get electric bills, bills in a few months, says survey
For the first time in nearly 20 years, households in the U.S. are paying electric bills in monthly increments.
For the first three months of 2018, that means electric bill in most U.N. households was $20 a month.
That was an increase of about $2.65 from the $20 in the previous survey.
The increase was driven by increases in energy bills.
Households were paying $1.80 for electricity and natural gas, up $0.72, or 7 percent.
That led to a $1 increase in the cost of electricity for the top 10 percent of households, up about $0 to $1 a month, while the top 20 percent of families saw an increase in their bill by $0 in the same period.
More broadly, bills have been rising at an annual rate of about 3 percent, the Consumer Price Index.
That’s down from a peak of 7.6 percent in October 2015.
The survey also showed that households with one electric service were paying an average of $1,000 less in their bills than their counterparts without one.
Those with one service paid an average $2,000 more in their electricity bills than those without one, up from $1 in the past.