Energy Costs Surge Across the United States

Electricity prices are on the rise, with this winter’s energy expenditures in the United States projected to be a full 10% higher than this time last year. While initial projections had expected residential energy spending to fall this year, a combination of frigid weather and rising prices is hurting many Americans at the meter. U.S. energy prices are rising so rapidly that they are outpacing inflation, and have reached a 5% annual increase. Each year, the United States Energy Information Administration publishes a Winter Fuels Outlook that…