A brand new Q3 2025 analysis by nonprofit group PowerLines reveals utility price enhance 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 consists of $5.1 billion in requested or accepted price will increase within the third quarter of 2025 alone, on high of $29 billion in price will increase logged within the first six months of this 12 months.
Utility price enhance requests and approvals in Q3 2025 will have an effect on the utility payments of practically 34 million electrical and gasoline buyer accounts. Cumulatively in 2025, these will increase will probably be mirrored in larger month-to-month bills for 124 million utility billpayers.
Electrical energy and gasoline value will increase will not be solely outpacing inflation. Based on Consumer Price Index data, they’re the highest drivers of inflation, even surpassing will increase in different bills resembling groceries, gasoline, autos and drugs.
“Individuals who’re already struggling to make ends meet will see considerably larger utility payments as we head into the colder months of the 12 months,” 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 price enhance requests and customers make their voices heard.”
Information merchandise from PowerLines
