Original Source: Record-high electricity prices fail to boost residential energy management programs: JD Power | Utility Dive Utilities Intelligence Report March 2023 Electricity bills in the United States rose 13.1% on average in 2022, higher than the overall rate of inflation. Concurrent with this trend, utilities have introduced aggressive carbon reduction goals and sustainability initiatives that rely on customers reducing their energy consumption through a combination of time-of-use rates, energy-saving appliance rebate programs and more. In fact, 81% of electric utility customers are now served by a utility with a stated carbon reduction target. Despite this decade-long push to change…
Read More
