NEADA Summer Electricity Outlook
Electricity prices are expected to increase significantly this summer


Electricity prices are expected to increase significantly this summer

Struggling US families face a wave of power shutoffs
States are using their share of the $4.5 billion in additional funds provided by the American Rescue Plan for the Low Income Home Energy Assistance Program (LIHEAP) to pay off utility debt, increase average benefits and pay for emergency furnace repair and replacement. The following provides a summary of those actions for selected states: California: …

NEADA Calls for Additional Funding for Energy Assistance

Congress must Act to Protect Struggling Families Pay High Energy Bills NEADA’s analysis of rising home energy and gasoline prices by income found that for low and moderate income families (those in the bottom 40% of households) the increases are substantial and could force many to choose between paying their energy bills and essential goods …

The Biden Administration’s Federal Fiscal Year 2023 Proposal On March 28, 2022, the Biden Administration released their budget proposal for federal fiscal year (FFY) 2023. The proposal includes an increase of $175 million for the Low Income Home Energy Assistance Program (LIHEAP) for a total of $3.975 billion in FFY 2023 up from $3.8 billion …

– An increase of $50 million from the FFY 2021 level of $3.75 billion – After passage by the Senate and the House, President Biden signed the Consolidated Appropriations Act, 2022, on March 15, 2022. The omnibus bill includes $3.8 billion in funding for the Low Income Home Energy Assistance Program (LIHEAP) for federal fiscal …

Yesterday, 42 Senators released a letter calling on Congress to provide the “highest level of funding possible” for LIHEAP for Fiscal Year (FY) 2022. The federal government has been funded since December under a continuing resolution (CR) that expires next Friday, February 18. The U.S. Department of Health and Human Services has released 90 percent …

Today, Senator Ed Markey (D-MA) and Representative Jamaal Bowman (D-NY 16) introduced the Heating and Cooling Relief Act of 2022, which would overhaul the existing Low Income Home Energy Assistance Program. Referred to as a “north star” bill because it reflects aspirational policy goals, the HCRA would increase funding from $3.9 billion annually to $40 …
