Your electricity bill is forecast to climb with the summer heat

Three rows of windows on the side of an apartment building with air conditioning units jutting out from several windows. Air conditioners in windows during a heat wave in New York, US, on Thursday, July 27, 2023. | Photo: Getty Images

Household electricity bills could climb with rising temperatures this summer in the US, according to an analysis by the Energy Information Administration (EIA).

Americans’ monthly electricity bills will likely average $173 between June through August, compared to $168 last summer, the EIA predicts. The slight bump in costs comes from consumers cranking up their air conditioning more to cope with a warmer season than last year. Bills would have jumped higher...

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