US electricity bills are surging: Average US residential electricity prices rose +5% YoY, to a record 17.3 cents per kilowatt-hour in 2025.

Since January 2020, electricity prices have risen +30% or more in at least 11 US states, with the steepest increases concentrated in the Northeast and Midwest. In parts of eastern Pennsylvania, electricity prices have surged +200% over this period, adding ~$23 per month to the average household bi