Climate Change
How Will the War in Iran Affect Your Utility Bills?
Conflict in the Middle East could have major repercussions for U.S. electricity and natural gas prices. Some states, like Pennsylvania, are particularly vulnerable.
Russia’s invasion of Ukraine set off a global energy crisis in 2022, sending prices for oil and gas skyrocketing in Europe and the U.S. for months on end. Many Americans struggled to keep up with their bills, and disconnections—when utility companies shut off power or heat because of nonpayment—spiked.