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Energy prices and your budget: Why costs are skyrocketing and how to save money

Energy prices have been on a relentless rise for the last year.

Although the July Consumer Price Index (CPI) report (opens in new tab)indicated that energy costs dropped by 4.6% last month, prices are still up 32.9% since this time last year. Energy prices considered within the CPI include gasoline, fuel oil, electricity, and utility gas services.

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