The American Coalition for Clean Coal Electricity (ACCCE) recently released a study that suggests lower- and middle-income families suffer the most when energy prices increase.
The recently published study is the 2016 edition of the “Energy Expenditures by American Families” report. The study -- using data from the U.S. Bureau of Labor Statistics, the U.S. Census Bureau and the U.S. Energy Information Administration -- found that 40 percent of U.S. families, or 51 million households, earns $1,643 per month, with 17 percent going toward energy bills. For the poorest 25 million families, that number is 22 percent.
“It is a sad fact that family incomes have been declining, and that forces families to make difficult decisions whether to spend their shrinking take-home pay on food, clothing, health care, or electricity,” ACCCE President and CEO Mike Duncan said. “Using all of our country’s abundant resources, including coal, helps lower- and middle-income families by keeping electricity prices affordable.”The ACCCE said electricity derived from coal can keep costs down and said the industry has cut emissions by 92 percent since the 1970s.