This Retiree Got a $700 Utility Bill. She Sold Her Family Home to Cut Costs

This Retiree Got a $700 Utility Bill. She Sold Her Family Home to Cut Costs

Since 2021, electricity prices have increased nearly 40 percent, according to PowerLines. Combined with gas, energy prices are driving inflation faster than groceries, gasoline, cars and medicine.

Prices are up, and so are service shutoffs; about 1 in 6 U.S. households are in utility debt, and the number of service disconnections rose 15 percent in 2025, according to estimates by the National Energy Assistance Directors Association.

At least 1 in 4 people age 50-plus say their most recent utility bill was unaffordable, and well over half reported their monthly costs for service increased over the past year, according to a 2025 survey by AARP Research

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