Yes, its possible that a high resistance short that still isnt drawing sufficient current to trip a breaker can run up your electric bill. If you can get into your distribution panel or switch etc with an ammeter you could measure the current and locate a faulty shorting branch circuit. There could be a Line (UnGrounDED Conductor) to Neutral (GrounDED Conductor) current path or perhaps a Line (UnGrounDED Conductor) to Mother Earth current path of high enough resistance so the breaker doesnt trip yet current flows thus your electric meter registers and your resultant BILL. Turning off and on breakers one at a time and looking for currrent flow can also help locate the branch circuit at fault.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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