There’s a reason Americans have cited energy costs as one of the biggest issues on their minds during this year’s elections: A new survey by Consumer Reports found that, among Americans who’ve lived in the same home for more than three years, the vast majority are paying more for energy now than three years ago — and it’s affecting their budgets.

Three out of four surveyed families reported that the utility rate increases have resulted in strained household finances. Over a quarter of these US customers said their bills rose by 20 to 49%, while 6% of respondents reported rate hikes of over 50% in the past three years. Electricity rates have risen dramatically in recent years .

People are increasingly choosing between necessities as purse strings tighten.

One in four families chose to adjust the thermostat to uncomfortable levels in the summer and winter. Other folks are choosing to cut back on non-essential spending, like eating out and traveling.…