According to CBS News, this new trend has been referred to as “energy poverty,” when Americans are unable to pay their energy bills or otherwise afford utilities. On average, households that spend 6 percent of their income or more on energy bills alone are considered to be in “energy poverty.” Currently, 1 in 7 American households spend approximately 14 percent of their income on energy.
Tuesday, September 10, 2024
As Prices Soar, Americans Forced to Choose Between Food and Energy
With inflation remaining stubbornly high, many Americans have been forced to choose whether to pay for more groceries to feed their families, or to pay their energy bills to keep their families cool in the summer and warm in the winter.
