A brand new Q3 2025 analysis by nonprofit group PowerLines reveals utility charge improve requests and approvals whole greater than $34 billion within the first three quarters of 2025, greater than double the $16 billion in requests and approvals over the identical interval in 2024.
This determine contains $5.1 billion in requested or permitted charge will increase within the third quarter of 2025 alone, on prime of $29 billion in charge will increase logged within the first six months of this yr.
Utility charge improve requests and approvals in Q3 2025 will have an effect on the utility payments of almost 34 million electrical and fuel buyer accounts. Cumulatively in 2025, these will increase can be mirrored in increased month-to-month bills for 124 million utility billpayers.
Electrical energy and fuel worth will increase should not solely outpacing inflation. In response to Consumer Price Index data, they’re the highest drivers of inflation, even surpassing will increase in different bills similar to groceries, gasoline, automobiles and medication.
“Individuals who’re already struggling to make ends meet will see considerably increased utility payments as we head into the colder months of the yr,” stated Charles Hua, founder and govt director of PowerLines. “In a second the place pocketbook points proceed to burden American customers, it’s crucial that state public utilities commissions additional scrutinize utility charge improve requests and customers make their voices heard.”
Information merchandise from PowerLines
Trending Merchandise
