blog trackingweb statistics
×
In

October 21, 2026 / 7:00 AM EDT / CBS News

\n\n

About one in five Americans say they have had to cut back on groceries to afford their electricity bills, while roughly a quarter of consumers are turning down their heating or air conditioning to uncomfortable levels to lower their energy costs, according to a new survey from Consumer Reports.

\n\n

About 80% of people who have lived in the same home for at least three years say their electricity bills have increased over that time, according to a national survey of more than 2,000 adults by the nonprofit advocacy group. The largest share, 28%, said their bills had surged between 20% and 49% over that period.

\n\n

Electricity prices across major U.S. cities have jumped 14% over the last three years, according to federal data.

\n\n

Rising utility costs are worsening the affordability crunch facing millions of American families, who are facing sharply higher gasoline and diesel prices amid higher oil costs due to the war in Iran. The survey found that consumers are cutting back where they can, such as switching to less expensive foods or spending less on discretionary items, to cope with rising electricity bills.

\n\n

"We're hearing a lot of…

Original source: https://www.cbsnews.com/moneywatch/

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

seoexperts1994@gmail.com

Related Posts

In

Amazon says it will hire 300,000 workers for seasonal jobs this year

October 20, 2026 / 2:28 PM EDT / CBS News Amazon said on Tuesday that it plans to hire 300,000 seasonal, part-time...

Read out all
In

How to talk to your parents about end-of-life planning

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. October 20,...

Read out all
In

Walmart introduces discounted joint membership with Sam’s Club

October 20, 2026 / 10:42 AM EDT / CBS News Walmart on Tuesday debuted a discounted joint membership with Sam's Club, the...

Read out all
In

Trump pledges $8 billion in relief for farmers struggling with soaring diesel prices

Updated on: October 20, 2026 / 8:36 AM EDT / CBS News President Trump said his administration will provide $8 billion in...

Read out all
In

California billionaire tax could leave state with less revenue, Stanford study cautions

October 19, 2026 / 2:16 PM EDT / CBS News California voters next month will decide on whether to tax billionaire wealth,...

Read out all
In

What happens when you miss a debt payment — and how to recover fast

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. October 19,...

Read out all