Overview

• Federal data show residential electricity prices up 5.5% over the past year, outpacing inflation.
• Nearly 60 utilities have proposed or implemented increases totaling about $38.3 billion for electricity and $3.5 billion for gas, affecting roughly 56.7 million electric and 26 million gas customers.
• Trump and senior officials blame wind and solar and prior Democratic policies, but independent analyses report no clear link between higher renewable shares and higher average prices.
• Experts say surging demand from AI data centers and climate-driven stresses are adding costs and may require grid upgrades that flow through to customers.
• Analysts warn that repealed clean‑energy incentives and pro‑export LNG policies could raise future power prices, with estimates of $170–$280 higher annual household costs by 2035 and advocates alarmed over proposed LIHEAP cuts.