Montgomery, Alabama (WIATMore) — The US Energy Information Administration expects electricity prices to rise 7.5% from last year.
The highest price increases are expected to hit the northeastern states the most, but people in Alabama can still feel the impact on their electricity bills.
In August, Alabama Power increased rates by about $6 a month to help residential users cover fuel costs. Spokesman Anthony Cook said other increases are possible.
“Looking at the market and seeing where everything is going, it looks like it could happen in the near future, but I can’t speak directly to that right now.
To keep costs down this winter, Cook recommends keeping your thermostat at 68 degrees, opening your blinds to let in light and heat, weatherproofing your windows and doors, and keeping your garage door closed. increase.
He also says you can sign up for budget billing. This allows you to pay an average monthly cost based on annual usage to avoid spikes in heavy usage months.
Public Service Commission Chairman Twinkle Cavanaugh said these rate increases were simply to keep the businesses afloat.
“Fuel prices are so high that they had to adjust in June, but consumers are still behind or in debt of $450 million to the Alabama Power Company for fuel. It has nothing to do with operations, it’s just the cost of fuel to produce electricity,” Cavanaugh said.
She attributes much of this to national policies that are not focused enough on energy self-sufficiency.
“We have to grow again. The way to do it is to be energy agnostic. We can do it, but remember White House policies make a difference.” I need to stay,” Kavanaugh said.
For those who need billing assistance, the Alabama Department of Economic and Community Affairs administers the federally funded Low Income Home Energy Assistance Program (LIHEAP).
According to Jennifer Lee, ADECA’s energy chief, LIHEAP users typically receive about a month’s worth of energy bills, depending on household size, income and other factors.
“There is always a huge need, especially as we enter the winter months.
Apply now for LIHEAP assistance through May 31 at any of the state’s 18 community action agencies.
To find one near you, if you qualify, head to Low Income Home Energy Assistance Program (LIHEAP) – ADECA (alabama.gov) for more information.
https://www.wkrg.com/alabama-news/higher-energy-bills-expected-this-winter-as-electricity-prices-projected-7-5-higher-than-2021/ Energy bills are expected to rise this winter as electricity prices are projected to be 7.5% higher than in 2021