In addition, seniors on a fixed income are especially vulnerable - TopicsExpress



          

In addition, seniors on a fixed income are especially vulnerable to skyrocketing energy costs. In a study titled, “Energy Bills Challenge America’s Fixed-Income Seniors,” the 60 Plus Association argues, “Future energy price increases, driven in large measure by petroleum supply and demand trends and by current and pending U.S. EPA regulations, are likely to outstrip real household incomes among the 63% of America’s 65+ households with gross annual incomes less than $50,000. The EPA’s newest proposal to regulate greenhouse gas emissions from existing power plants will further strain the budgets of low and fixed‐income seniors who are among the most vulnerable to electric rate and other energy price increases.”
Posted on: Sat, 11 Oct 2014 02:08:19 +0000

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