If you've noticed your electricity bill getting surprisingly high, you're not alone, as many customers are seeing unexpected spikes. We'll break down why your utility costs might be soaring and what factors, like extreme weather, are playing a major role.
Utility costs are trending upward, and extreme weather is a major culprit, causing spikes for customers nationwide.
Recent heatwaves and cold snaps drive up demand for heating and cooling, which directly impacts how much electricity utilities need to generate.