Sunday, August 17, 2025

Electricity Prices Climbing Twice as Fast as Inflation

Across the country, electricity prices have jumped more than twice as fast as the overall cost of living in the last year. That's especially painful during the dog days of summer, when air conditioners are working overtime.

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The federal government currently spends about $4 billion a year to help low-income families with energy bills. But Wolfe says that's not enough to cover rising cooling costs in the summer. And President Trump's proposed budget would end the assistance altogether.

Comments

Didn't the bloated------------- promise to slash energy prices by half?

#1 | Posted by reinheitsgebot at 2025-08-17 06:17 PM

Anecdotally, my rates across three separate meters have not differed substantially since last year. They're up about 2 percent. But it is a little hotter this year.

I'm so glad I'm part of a well managed coop, who has an eye on producing much of their own renewable energy, instead if a greed-farking private utility corporation.

The increases that are hitting me the hardest by far are from insurance companies.

#2 | Posted by Whatsleft at 2025-08-17 06:23 PM

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