Like most Americans this month, your most recent power bill may have given you a shock. Residential electricity rates have risen fast across the US — more than 30 percent on average since 2020 and almost double the rate of inflation in the past year — with no end in sight.

It’s not great for anyone’s budget, whether you’re a renter or an industrialist. High electricity prices ripple beyond consumers and throughout the whole economy, disrupting manufacturing, construction, transportation, and more.

And of course, electricity prices are a huge political issue. President Donald Trump campaigned on cutting energy prices in half, and now that they’re moving in the wrong direction, he has taken to blaming renewables, the cheapest sources of new generation, and promised $625 million to the aili

See Full Page