Steam rises from a coal power plant in Adamsville, Ala., on April 11, 2021. Andrew Caballero-Reynolds/AFP via Getty ImagesAn increasing number of American households are falling behind on their utility bills as energy costs remain elevated heading into winter, according to a new analysis from two nonprofits. Past-due balances owed to electric and gas utilities have climbed from $597 to $789 over the past three years—a 32 percent jump that a Nov. 17 report from The Century Foundation and Protect Borrowers says is an indication of growing financial strain on millions of American households.
Utility Debt Builds for Millions Amid Signs of Cooling Inflation
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