Yesterday, on our America’s Power Facebook page, we asked the question “Are you tired of your paycheck not keeping pace with rising energy costs? If you say yes, our new study says you’re not alone”. Take a moment to “Like” us on Facebook today and answer our latest poll question.
Paycheck Not Keeping Pace with Rising Energy Costs?
Posted by Bianca Prade at 12:43 pm, January 24, 2013
Our new study shows that America’s working class and those on fixed and lower incomes are suffering from increases in energy costs the most. The study finds that more than half of U.S. households will spend an average 20 percent of their family budget on energy, nearly double what they spent 13 years ago.
Keep in mind that a typical American family is spending almost twice as much for energy today as they did just 13 years ago, and for many families, high energy costs are now competing with other basic necessities such as food and health care.