Electricity Is the New Eggs in a Power-Hungry US
Utility bills jumped 4.5% in the past year, almost double the gains for the broader consumer price index.
An Amazon Web Services data center in Ashburn, Virginia. Electricity costs for Americans are rising faster than the consumer price index.
Photographer: Nathan Howard/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, reporter Josh Saul looks at surging utility bills for US consumers.
If Americans thought eggs were expensive, wait until they open their electricity bills.