Nov 10, 2023
Government electricity price forecast ticks higher, as consumer advocate warns there is little relief in sight.
"Underlying fuel prices for natural gas and coal remain high and could go higher next month,” National Energy Assistance Directors Association Executive Director Mark Wolfe said.
EIA has forecast progressively higher prices in recent short-term outlooks. While the pace of next year’s forecast increase appears to be slowing, Wolfe said there is little reason to cheer and warned consumers are increasingly behind on their home energy bills.