American Utilities Are Getting Pummeled By Unpaid Bills

Since the onset of the pandemic, millions of Americans have been struggling with paying rent and utility bills, putting a strain on power utilities' revenues and raising the question about who and when will foot the bill for the billions of U.S. dollars in energy bills arrearages.  More than half of U.

S. states introduced moratoriums on electricity and gas utility shutoffs in March 2020 due to the COVID-19 emergency as millions of Americans lost their jobs as a result of the pandemic impact on businesses and the economy. Those moratoriums…