Climate Change
Rising Electric Rates Tied to Distribution Spending, Disasters and Some Clean Energy Programs, Study Says
A new report from Lawrence Berkeley National Lab identified broad trends in electric rates from 2019 to 2024, but cautioned that it could not prove causality, and pricing dynamics vary state to state.
Skyrocketing electricity bills are the political punching bag of the moment, with elected officials pointing fingers at everything from utility profits to data centers to clean energy policies, and voters across the country left confused about who to blame for rates that jumped by more than double the rate of inflation in the past year.