MIT Study Reveals How Households Can Escape Energy Poverty

Energy poverty is a major problem around the world, affecting families in the richest countries as well as the poorest ones. Volatile and rising energy prices are hurting families’ bottom lines and even causing many to fall below the poverty line in diverse economic contexts around the world. In the United States, energy prices are rising so rapidly that they are outpacing runaway inflation rates to reach a 5% annual increase, resulting in blisteringly high utility bills. In the Netherlands, over half a million homes qualify as energy-impoverished,…