Ryan Dezember

speaker

644 appearances 11 recordings 1 series first heard May 2018 last heard Jun 2024

Ryan Dezember’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Why It Could Cost You More to Beat the Heat This Summer · 25 Jun 2024 podcast

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A much bigger jump if you live in, say, New York or the mid-Atlantic states and on the Pacific coast.

Bills will probably be lower than last year in New England and also around Texas, Oklahoma and Louisiana, although those folks will still probably have the biggest bills in the country on account of it being so hot down there.

the price per kilowatt hour and how different areas are generating their power.

You know, if you go in the northwest, a lot of the power is generated by hydroelectric dams.

And that is a pretty stable, low cost areas, you know, in the southeast where there's a lot of solar now will have that advantage.

So it sort of varies by what we're using to produce the electricity in each region, each utilities rates that they're able to charge, that regulators allow them to charge.

But, you know, the big thing is really just how much hotter

Is it relative to sort of normal?

How hot is it going to be?

And how much are we going to have to crank up our air conditioners to get through it comfortably?

Folks in Texas are always gonna use more air conditioning than people in New York, just because a 100 degree day there is sort of normal and typical this time of year.

So they're forecasting the weather, it'll be very hot, but compared to last year, a little less so probably.

Their average bill this year is forecast at $203.

Compare that to the Mid-Atlantic, and it's $169.

So even though they can maybe expect their bills to be a little lower than they were last year, they're still paying a lot more than the rest of the country because it's so hot there.

Yeah, despite the big proliferation of renewable power generation, particularly solar energy, America still relies heavily on natural gas to produce electricity.

More than 40 percent is produced by burning natural gas.

And that's more than like coal, nuclear and wind power all put together.

So when we want to look at what people might be paying for their utility bills and

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