Lindsey Martin’s electricity bill reached $314 in July, the highest bill she had received this year until that point, she said on TikTok. In the video’s more than 4,000 comments, many users reported similar power-bill spikes.

Martin’s bill jumped even higher in August to $372, a notable leap from around $150 two to three years ago.

“I thought that was so high, I could not believe my bill was $150,” Martin, a Kentucky-based registered nurse, told CNN over the phone. “And now I wish my bill was $150.”

Martin isn’t alone. Residential electricity costs are on the rise, according to data from the U.S. Energy Information Administration (EIA). The average price of electricity in America has increased 13% since 2022, with the cost of retail electricity expected to grow faster than the rate of

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