Americans are entering another brutal winter paying more for power than ever, and the cold only magnifies a trend that has been building for years: Electricity is getting structurally more expensive.
Even as overall inflation cools, utility bills are getting higher: The retail price of household power is up 21% in just three years. Following an Arctic freeze and a historically cold winter in many parts of the U.S., people are posting shockingly high bills on Reddit, Nextdoor, and TikTok.
In addition to cold temperatures necessitating more power to heat homes, an aging grid, fuel-price backlash, and a once-in-a-generation investment cycle are hitting consumers.
Consumer advocates estimate that residential electricity costs are up close to 30% for many households since 2021 once rate hikes, fees, and fuel adjustments are folded in.
Source: fortune
5 Comments
Corruption too! Dont forget that TEN people stole $115 million in performance bonuses last year. GREAT PERFORMANCE assholes.
https://www.reuters.com/business/energy/top-us-power-sector-ceos-pull-down-115-million-performance-pay-2025-04-14/
Americans are paying the price for governmental malfeasance and stupidity.
That is a shocker. Maybe it wasn’t the best time to block development of the cheapest available energy sources (solar and wind).
Americans aren’t paying the price for aging infrastructure. Americans are paying the price to build out new capacity for assholes like Musk and Bezos and Zuckerberg. That rich fuckers want you and me to pay for their new power distribution infrastructure. They after it is built they will get to use it without having sunken one dime into its buildout.
Will more Americans start going off the grid as solar + batteries becomes more affordable?