Utility bills will likely increase by 10% on average in big cities this summer (via CNBCMakeIt)
With millions of Americans still at home, about 1 in 3 people nationwide are expected to see their utility bills go up by at least 10% this summer., which measured the increase in residential energy use from 10,000 customer households across 13 major U.S. cities in March and April 2020 to estimate how much more power Americans consume when under stay-at-home orders or unemployed.
That's because the more time people spend at home, the more electricity, water and gas they use during daytime hours, Arcadia found. About half of the entire U.S. workforce is now working remotely, 35% of which made the switch recently because of the pandemic, according toIt's worth noting that the expected 10% increase doesn't even take into account the electricity bill surge that typically happens in summer due to rising temperatures.
The level of energy use will vary city to city, Arcadia says. Those with denser populations like Philadelphia and New York will be hit hardest, while those on the West Coast, such as
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