Summertime is here again and we're revving up our AC units to blast some cold air up our shorts. 💨 However, the current cost of energy might have some of us sweatin' it out in our undies! 🥵🩲
A new survey from a top utility provider shows all the ways Americans are dealing with the pain of high energy bills. ⚡ While many are doing little things here and there to lower costs, some are going as far as downsizing their homes. 🏘️ Yep, even in Inflation World™ where mortgage rates are larger than life. Was that what the Backstreet Boys were singing about? 🤪
Here’s Five Fast Facts on the impacts of high utility bills:
🔥Bottom line: Rising bills make peeps want to hit the panic button, but you don't have to go house hunting just yet. Did you know that the Inflation Reduction Act of 2022 lets you deduct 30% of the costs to install solar panels and other natural power sources in your home? Although it ain't cheap, it could be a lesser evil than trying to get a good mortgage (at least for now). If you want more quick tips on how to lower your energy bills, head here!
What have you done to cut down on high energy bills?
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