Community Corner
'Just Hold On,' Experts Warn Summer Electric Bills Expected To Soar
"Now we are in an environment - and have been really for the almost the past year - where commodity prices are rising," Bullock said.
June 3, 2022
You might want to sit down when you open your electric bill this summer. Rates are high - and expected to get higher.
Find out what's happening in Dallasfor free with the latest updates from Patch.
Summer months in Texas traditionally equal higher electric bills, but experts said this year will bring extra sticker shock if you aren't locked into a contract that goes through the summer.
"For some people, it's probably up 50% to 70%," said Bruce Bullock, Director of the Maguire Energy Institute at SMU. "If you are paying $100, you're probably going to be paying $150, $170."
Find out what's happening in Dallasfor free with the latest updates from Patch.
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