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Home / Renewable Energy / Almost a 10% spike in 2009 electric bills? -CNN Money

Here is an excerpt from a CNN Money article about the near future of energy prices. This is a clear reason why solar, and specifically the REnU solar rental program from Citizenre will be even more attractive to consumers through cost savings.

Peace,

Bruce

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U.S. sees 9.8% spike in ’09 electric bills
Electricity forecast for 2009 is up sharply from last month; increase in price of natural gas a factor.
By Lara Moscrip, CNNMoney.com contributing writer, July 8, 2008
NEW YORK (CNNMoney.com) — Americans may face dramatically higher electric bills next year, according to a government report released Tuesday.

The U.S. Energy Information Administration forecast that electricity prices will climb an average of 9.8% in 2009. Only a month ago, the agency was forecasting a 3.6% increase for next year.

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Full Article: U.S. sees 9.8% spike in ’09 electric bills

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