Real Estate & Home

Summer Electricity Bills Predicted To Be Highest in 5 Years-and These States Will Feel the Heat the Most This Week

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US summer electricity bills are projected to reach five-year highs as an intense heat wave and a developing Super El Niño stress the national power grid. Tech professionals in the smart home and HVAC sectors should prepare for increased demand for energy-efficient appliances and automated thermostats as homeowners face record-breaking consumption levels. With hydropower generation restricted by droughts and wildfires, residents in the Mid-Atlantic and New England regions are expected to experience the most significant price surges during this peak cooling season.

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