rising energy costs

Language: en

📖 Definitions

  1. An increase in the price of energy sources such as electricity, gas, and oil, often leading to higher expenses for consumers and businesses.; The financial burden caused by the escalating cost of power and fuel required for heating, cooling, and industrial processes.

💬 Examples

  1. Rising energy costs pose a direct threat to global inflation rates.

  2. Many households are struggling to cope with rising energy costs this winter.