Electricity costs are surging as climate change makes the hottest days of the year even hotter. David Schechter reports.
Breakdown
- Electricity costs rose over 5 percent compared to the previous year. 5s
- Low-income Americans struggle to pay for air conditioning and rely on assistance programs. 32s
- The federal Low Income Home Energy Assistance Program may be eliminated under proposed budget changes. 1m 15s
- Climate change has significantly increased wholesale electricity costs in multiple regions. 1m 47s
- Policy shifts away from renewable energy could further raise consumer costs. 2m 27s