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Saving Advice
Saving Advice
Amanda Blankenship

$940 Power Bill vs. $900 Income: How America’s Energy Crisis Is Crushing Older Households

energy crisis
Image Source: Shutterstock

Imagine opening your electric bill and seeing $940 due—while your monthly income is just $900. For many older Americans living on Social Security or fixed retirement income, this scenario isn’t hypothetical anymore. Across the country, rising energy costs are forcing seniors to make impossible choices between keeping the lights on and affording essentials like food or medication. New data shows that nearly one in three U.S. households now struggles with energy affordability, a sharp rise in recent years. But what can you do to combat it? Here’s what you need to know.

Why the Energy Crisis Is Hitting Seniors the Hardest

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