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Economists: Natural disasters caused billions in damages in 2017

Natural disasters caused billions in damages in 2017
Natural disasters caused billions in damages in 2017
Posted at 4:27 PM, Dec 29, 2017
and last updated 2017-12-29 12:53:25-05

(WTXL) - Economists are tallying damages from the record breaking 2017 hurricane and wildfire seasons, declaring this year the most expensive weather year ever.

They say over $200 billion of damage came from a series of major storms that made landfall during the 2017 hurricane season.

Florida saw statewide damage as Hurricane Irma made landfall in south Florida, traveling north through the state, breaking widespread damage records. Hurricane Harvey broke rainfall records and Hurricane Maria brought catastrophic damages to Puerto Rico.

6 major hurricanes formed out of 10 named hurricanes. Forecasters say it was an active season.

A less noticeable cost of such an active weather year can be found on monthly utility bills.

Some companies seek to recover expenses by raising electric bills in 2018. Talquin Electric Cooperative assures that members will not have additional fees.

Forecasters say it is too soon to know how conductive the environment will be for hurricane formation in the 2018 season.