Massive Shutoffs: 1 In 6 US Homes Are Behind On Power Bills

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At least 20 million households — or about 1 in 6 American homes — are behind on their power bills as soaring electricity prices spark what is said to be the worst-ever crisis in late utility payments. The National Energy Assistance Directors Association (Neada) said that electricity prices had increased significantly since 2020 after a decade of stagnation, and now there are billions of dollars in overdue power bills. NatGas fuels about 40% of the US power grid and soared to its highest levels since 2008.

At least 20 million households — or about 1 in 6 American homes — are behind on their power bills as soaring electricity prices spark what is said to be the worst-ever crisis in late utility payments, according to Bloomberg, citing data from the National Energy Assistance Directors Association (Neada).

Neada said electricity prices had increased significantly since 2020 after a decade of stagnation. The steep rise has resulted in billions of dollars in overdue power bills.

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Source: Bloomberg

Electricity inflation is being propelled by soaring costs of fossil fuels, such as natural gas, coal, and petroleum.

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Source: Bloomberg

NatGas fuels about 40% of the US power grid and soared to the highest levels since 2008 on Tuesday.

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Ragnar D.
Ragnar D.
2 months ago

Creating artificial scarcity of energy is a key method of how the parasitic globalists control the population. They could start rationing gasoline saying that you’ll only get 5 gallons per week. They could offer a program to help people pay their power bills, but only those who have taken all of their vaccines will be eligible. Now is the time for “red” states to start taking matters into their own hands to begin their own energy production. If 1 out-of-6 can’t pay their power bills, then the existing system has already failed.