summer electric bills increase

Why are Americans about to feel more pain in their wallets this summer? Brace yourselves for the shocking truth: electricity bills are about to go through the roof. Data shows U.S. residential electricity prices will hit 17 cents per kilowatt-hour in 2025, jumping to 17.6 cents in 2026. That’s way up from the 16 cents we paid in 2023.

It’s not just pennies. We’re talking real money here. The National Energy Assistance Directors Association predicts summer electricity bills will average a whopping $784 in 2025. Last year? $737. Do the math – that’s the highest in 12 years. Electricity prices are outpacing inflation. Let that sink in.

Some regions will get hammered worse than others. New Englanders, sorry folks, you’re looking at bills around $193 monthly – that’s $13 more than last summer. Mid-Atlantic and Midwest residents? You’re next on the chopping block, thanks to PJM Interconnection’s market pricing changes. Ohio residents can expect a lovely 10% increase. Surprise!

Regional energy price gouging hits hardest in New England, while PJM changes spell disaster for Midwest wallets.

The heat isn’t helping either. Higher temperatures mean more AC use. More AC means higher bills. Simple cause and effect, people. Even if summer’s slightly cooler than expected, those rate increases will still burn a hole in your pocket.

What’s behind this mess? It’s not just the weather. New tariffs, market rule changes, and the elimination of clean energy tax breaks are driving costs up. That House-passed energy bill? It could cost Rhode Island households $315 million over the next decade. Not exactly pocket change. The increasing reliance on fossil fuel combustion is contributing to both climate change and higher energy costs nationwide.

This comes right after an expensive winter heating season. Perfect timing! Lower and fixed-income households will feel the squeeze most intensely. As costs rise, many low-income families already spending 8.6% of their income on energy will be forced to make dangerous choices between cooling and other essentials. Public concern is mounting – Gallup polls show Americans are increasingly worried about energy prices amid broader inflation. The EIA’s average monthly electricity bill is expected to rise from $173 to $178 this summer.

The summer price spike isn’t a temporary blip – it’s the result of structural and regulatory shifts in the energy sector. The pain is real, and it’s coming to an electric bill near you.

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