M.P.
Turn everything off in the house, and wait until the A/C cuts off. See if your meter is still spinning quickly. If so, you have something running that's driving up your power bill. If everything is off, and you still see it spinning and spinning, you can start flipping breakers, one at a time until you find the perpetrator. The first place I would check would be the water heater. A bad element will cause the power to run continuously against it and drive up your power bill.
If the meter acts as expected, then it could just be your consumption. That does seem like a drastic change. I live in the south too, and I have never had a bill that high for one month. Usually, it's around $180 even in the heat of the summer.