Wholesale electricity prices across the United States were higher in 2021 than in 2020, reflecting the increasing cost of natural gas for power production. Likewise, Europe is seeing persistent instability in its wholesale gas markets, raising fears throughout the continent that the region’s energy crisis may be about to get even worse. Indeed, the U.S retail electricity price for the residential sector is expected to grow according to a report by the U.S Energy Information Administration on January 6, which revealed:
Heating and cooling homes increased by 33% in 2021
Petri Plumbing & Heating, Inc. is a family-owned home service business that has served Brooklyn and Manhattan for over a century, which is encouraging “homeowners, renters and business owners to explore energy-saving options.” According to the owner of Petri Plumbing & Heating, Michael Petri, “the cost of heating and cooling your home increased 33% in 2021.” As a result, we have listed below a detailed breakdown of seven tips highlighted by the firm to help offset those increases: Read also:10 Tips to Cut Your Grocery Bill in Half11 Legitimate Ways to Earn an Extra $100 This Month
