How Utilities Can Help Consumers Save Energy During COVID-19
- Aug 22, 2020 10:17 pm GMT
As we enter the sixth month of the COVID-19 pandemic, many Americans are still un- or underemployed, and many financial assistance programs due to expire this summer – if they haven’t already. In this time of economic instability, consumers are struggling to pay their electric bills, which are likely higher than normal due to more time spent at home.
According to a survey conducted by Fast Company in May, 13 percent of low-income respondents had been unable to pay an energy bill during the prior month; 9 percent had received a shutoff notice; and four percent experienced a disconnection. Data from TransUnion in late July shows that 77 percent of consumers are concerned about being to pay their bills and loans, the highest level ever recorded.
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