Electric bills are rising for too many American families. The average household is paying about 18 cents per kilowatt-hour this year . That’s up roughly 10 percent in just two years. In fact, from 2021 to 2025, residential electricity prices climbed nearly 30 percent , far outpacing the rate of inflation .
Like all kitchen table issues, those increased costs have a real-life impact, as every dollar spent on electric bills is one less available to put food on the table, fuel in the car or in the coming weeks, put Christmas presents under the tree.
And while there are obvious connections between rising costs like gasoline and the conflict in Iran , consumers are reasonably left wondering: What’s driving up my household electric bill? And how can we bring that cost back down?
A bill recently introduced in the Senate represents a crucial step toward doing just that by upgrading our existing power lines and using advanced computing to connect new generators to the grid faster than ever.…