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Electricity

Business
Electricity, Gas Bills Surge Nationwide: Here's Why Electricity, Gas Bills Surge Nationwide: Here's Why
Electricity, Gas Bills Surge Nationwide: Here's Why If your latest utility bill made you do a double take, you are far from alone.  Across the country, Americans are seeing their electricity and natural gas costs soar, squeezing household budgets just as summer temperatures peak. Several key factors are fueling these price hikes.  Experts say the combination of increased energy demand, supply chain disruptions, and decades of underinvestment that have left the US grid with aging infrastructure are all contributing to the higher bills.  In addition, the growing need for power from AI-driven data centers, expanded oil and gas …

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by Joe Lombardi
Business
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …

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by Chris Spiker
Police & Fire
Rowhome Fire Leaves 7 Families Homeless in Pennsylvania: Authorities Rowhome Fire Leaves 7 Families Homeless in Pennsylvania: Authorities
Rowhome Fire Leaves 7 Families Homeless in Pennsylvania: Authorities A rowhome fire in Delaware County left seven families homeless on Sunday, Nov. 17, according to authorities. The blaze broke out in one rowhome in the 1100 block of Taylor Street in Folcroft Borough at about 3 p.m.,  Assistant Fire Chief of the Folcroft Borough Fire Company Robert Thompson Jr. told Daily Voice. Everyone made it out of the homes as the fire spread, Thompson said. There were no injuries. Not every home on the block caught on fire, but flames burned through the main power pole which caused PECO to shut off electricity to the area, an NBC 10 News report states.  The cause of …

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by Merriell Moyer
Police & Fire
24K Wildwood Residents Without Power 24K Wildwood Residents Without Power
24K Wildwood Residents Without Power A two-alarm fire at an electric plant substation in Wildwood knocked out power to 24,000 homes and businesses throughout the island on Friday, July 7, authorities said. UPDATE: 8K Wildwood Residents Still Without Power, Here's When It's Expected To Be Restored As of 5 p.m., power had been restored for 1,800 Atlantic City Electric customers. An additional 15,000 were expected to have power later this evening, while some will remain in the dark until Saturday, July 8, the company said. The electrical fire at the Lake Avenue substation on West Oak Avenue.  As of 4pm, no update on time fo…

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by Jon Craig