Make More Room In Your Budget For Electric Bills

News Flash: Make More Room in Your Budget For Electric Bills


As if the 30 percent increase in electric bills over the past five years wasn't enough, many US households will see their bills jump another 29 percent this Summer. We all can expect energy costs to increase but the percentage depends on each utility company.

For example, Potomac Edison in Virginia will raise rates by 29 percent while AmerenUE of Missouri will raise rates by 12.1 percent. Some residents have already seen big increases, like customers of Colorado's Public Service Co. whose rates jumped 25 percent at the beginning of June. The cause of these large hikes? Why fuel costs, of course.

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