Inflation causing utility bills to rise this winter
OTTUMWA, Iowa (KYOU) - Because of inflation this year and the exit from the pandemic, utilities are going up, according to Aria Thaker with Doxo Insights.
Last year, the price for energy was low due to the reduced amount of demand in utilities. Thaker says with winter approaching, demand this year is outnumbering supply. “This is causing energy prices to rise and causes spikes in consumers utility bills.”
The average utility bill in Ottumwa is around $221.00 which is far less than the national average of $316.00. “While they can expect their bills to go up, they are going up from a more relative, more affordable set point than the baseline number for Iowans in general,” says Thaker.
However, there are steps you can take to help reduce your bill. Thaker says you can lower the temperature on your thermostat or dress in more layers. “They can also install home features to improve insulation and conserve costs on utilities.” Some of these features would be energy-efficient bulbs, insulated window treatments, and smart power strips.
Thaker says if you find that you pay more than your neighbor, to shop around for different providers when it comes to utilities to find a better price.
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