@jcboy,
I think I agree with you that if you secretly paid his bill for him he might find out and get upset. I can understand the impulse to want to pay his bill for him, I think I would feel the same way. And, while that might be a nice gesture, it might also make him feel uncomfortable, or even suspicious about what was going on.
I think that, since the two of you are good friends, you should approach the situation more directly with him. Can you go over and pay him a visit? If so, go over and tell him you noticed his lights weren't on and that made you concerned about him. Ask him if he is having a problem with the electric company, without mentioning the bill, and see what he tells you about the reason his lights were off. Regardless of what he mentions, tell him you'd like to help him with the problem, and offer to
loan him the money to cover the bill if that will help straighten out the problem, and let him know you're not at all in a hurry to get the loan repaid, and that it would make you feel good to be able to do this for him because he's been such a nice friend to you..
A loan offer seems like less of a handout, and maybe it would give you the opportunity to discuss finances with him, out of genuine concern. If he's not able to afford his electric bill, what else can't he afford? Food? Medication? A phone? Does he have family who help him out? Is is aware of the benefits for seniors in your area?
There are a lot of services available to senior citizens that he might, or might not, know about and that you could possibly help connect him to by contacting the social worker at the local senior citizens center. He possibly might, for instance, be able to get discounted utility rates as a senior with limited income, or larger savings on his property tax.
If he's really floundering financially, something like a reverse mortgage, if he doesn't already have one, would allow him to use the equity in his home to cover his living expenses, and those don't have to be re-paid until the homeowner moves out of the house or dies, and they are designed for seniors to help keep them in their homes.
I'd worry about a 72 year old neighbor being in the dark days at a time, and without a working refrigerator during that period. And the unpaid electric bill, might only be the tip of the iceberg in terms of his financial difficulties. He might be going without other things he needs, beside electricity every few months. So, if you could get him to open up to you, you might be able to do more for him than just pay his electric bill. You might be able to connect him to a social worker, or an agency for seniors, or some other social service, that could make sure his overall welfare was being attended to as well as seeing if they could get any additional senior benefits for him. The social workers connected to the senior citizen centers tend to be good resource people.
I guess you also need to make sure that he isn't just forgetting to pay bills. The problem might be declining cognitive/memory functions and not finances.
It's very caring of you to be so concerned about your neighbor.You are a kind soul.