An influx of natural disasters and rising storm-recovery costs means Americans will have to pay pricier utility bills for decades

Dec 11 2022 by Business Insider

 
A bent stop sign in a storm damaged neighborhood after Hurricane Ida on September 4, 2021 in Grand Isle, Louisiana.

Sean Rayford/Getty Images

Utility bills are costing Americans more than ever, thanks to natural disasters rocking power grids. Companies have taken on billions in debt to strengthen their grids against storms, according to WSJ. One in six US households are behind on their utility bills, the National Energy Assistance Directors' Association reported.

Americans will have to pay the...

Continue Reading An influx of natural disasters and rising storm-recovery costs means Americans will have to pay pricier utility bills for decades