Home energy costs are a major expense for U.S. households. Price increases have a greater impact on older consumers and households with lower incomes. Too often, older adults with low incomes must choose between cutting back on energy expenditures and reducing spending for other necessities. They may end up risking their health or comfort.
When home energy prices are high or unpredictable, older adults may be unable to adequately cool and heat their homes. Such exposure can lead to a host of adverse health outcomes. These can range from the aggravation of chronic health conditions to food spoilage and even premature death.