Summer is making itself known with rising temperatures and balmy weather. Air conditioning usage and the heat aren't the only factors driving up your electricity bill. As inflation fell by 0.1% month-over-month in June, what does this mean for broader electricity costs?
Yahoo Finance senior reporter Rachelle Akuffo details the month-over-month easing in electricity prices — offset by a 4.4% annual rise — and which states will see the biggest electric bills this summer.
According to June's Consumer Price Index (CPI) report, energy prices actually fell by 2.0% in June while rising 1.0% year-over-year.
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