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The Average Electric Utility Bill Is $147 a Month. Here's How Much You'd Need in Utility Stocks to Cover It.

The Motley Fool·
The Average Electric Utility Bill Is $147 a Month. Here's How Much You'd Need in Utility Stocks to Cover It.

With average U.S. electricity bills rising to $147 per month since 2021, an unconventional strategy involves investing in dividend-paying utility stocks to generate income that covers power costs. Investors would need approximately $60,000 invested in utility stocks yielding around 3.1% to generate the $1,764 needed annually to cover average electricity bills.

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