On average, 60 million American households with annual incomes below $ 50,000 spend 21 percent of their after - tax income on energy - related costs. (prairiestateenergycampus.com)
It is a recipe for healthy prosperity that will save Marylanders between $ 1.3 billion and $ 7.3 billion a year (2011 dollars) in energy costs in 2050, even after making provisions for (i) assistance for low income households to pay no more than 6 percent of income on energy bills, (ii) proactive investments in communities now dependent on fossil - fuel - related jobs, and (iii) new job creation in underserved areas. (ieer.org)
Americans living on fixed incomes, at or near the poverty level, pay a far greater percentage of their monthly income on energy bills. (grist.org)