| Affordable electricity is a major issue in households across the country. According to a report by the US Energy Information Administration, roughly 27% of US households report struggling to pay their energy bills. Of these, 20% of households report forgoing food or medicine to pay energy costs, and 10% report leaving their homes at unhealthy temperatures to lower utility bills.
At the same time, utility companies are making significant investments to lower their carbon emissions. While this transition could lower inflation-adjusted rates in the long term, many regions may see increased electricity rates in the short term due to upgrading transmission and distribution lines, retiring old generation capacity, increasing costs of natural disasters, or myriad other cost drivers.
Join Resources for the Future (RFF) on Wednesday, June 26 for “Improving Electricity Affordability in the Clean Energy Transition,” the next event in our Exposure 2024 webinar series on environmental justice. Our expert panel will explore the steps regulators, legislators, utilities, and nonprofits can take to address electricity affordability.
The moderator of the panel, RFF’s Director of Government Affairs Brad Harris, recently published a blog in Resources Magazine on the topic. Check out “A Guide to Improving Electricity Affordability” for further reading. |
