By Walter Grand in Economy —

U.S. population faces longest electricity price increase in 30 years - Bloomberg

U.S. population faces longest electricity price increase in 30 years - Bloomberg
Photo by Renan Kamikoga / Unsplash

Gas prices in September were about 33% higher than a year earlier. The current series of cost increases is the longest in more than three decades.

Many U.S. households are heated by gas and oil. Rising energy prices have a direct impact on utility bills, putting even more pressure on people's wallets.