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Don’t Get Too Used to That Smaller Utility Bill -- It Won’t Last

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Photographer: Michael Nagle/Bloomberg

The good news is that the shale gas boom has finally brought down U.S. power bills. The bad news is they’re going right back up next year.

U.S. households this year are set to benefit from the first annual drop in average electricity rates since 2002 as surging production from shale deposits including the Marcellus in the East dragged down gas prices. But their respite from higher bills will be limited as rates are set to rebound the most in nine years in 2017, government data show.