The studies below assess the impact of energy costs on American households, broken down by state, using energy consumption survey data and current energy price data from the U.S. Department of Energy’s Energy Information Administration (DOE/EIA).
Nearly 75 million households, or 60% of all U.S. households, are represented by the 32 states analyzed for energy cost impacts.
Budgets for many of these households are smaller than you might think.
- After paying taxes, there are 37 million lower-income and middle-income families that take home, on average, less than $24,000 per year.
- After paying taxes, there are 22 million lower-income families that take home less than $16,000 per year, on average, to spend on housing, food, clothing, health care, education and other necessities.
Energy costs are proportionally higher for households with lower incomes.
- Lower-income and middle-income households spend more than twice the average of higher-income households.
- Lower-income families alone spend three times more on energy than households with higher incomes.
The Administration’s power plan will harm lower-income and middle-income households.
- Households in these 32 states could face a 15% average increase each year in electricity prices and a peak year increase of 19% because of the power plan.
In the table below you will find a one-page document of key findings from each state and the complete six-page data analysis.