Here's how much your summer cooling costs could increase as mercury rises
CBSN
High temperatures will do more than beat down American bodies this summer: They'll hit their wallets hard, too.
The financial burden on families for keeping their homes cool will jump nearly 8% across the United States, from an average cost of $661 from June through September to $719, according to projections from the National Energy Assistance Directors Association (NEADA) and the Center for Energy Poverty, and Climate (CEPC).
That's nearly $60 more in electricity costs for households across the U.S. this summer. The increased heat will have an even more acute impact on cooling costs in the Mid-Atlantic, East South Central and Pacific regions, where energy prices will increase by up to 12% compared to one year ago. The rising cost of cooling your home is one of the myriad impacts of climate change on Americans, and illustrates some of the financial implications of global warming for individuals and families.
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