Daniella Genovese writes in Fox Business on increased electric costs for the summer.
- Experts expect electric bills to increase this summer, in some places by as much as 16%.
- New England will be the most impacted, followed by the Mid Atlantic and South Atlantic, respectively.
- Inflation and supply chain constraints with natural gas are the primary driver of these increased costs.
- Reducing regulations to allow for more domestic energy production would lower prices in the intermediate to long term.
Read the full article here.