Americans are entering another brutal winter paying more for power than ever, and the cold only magnifies a trend that has been building for years: Electricity is getting structurally more expensive.
Even as overall inflation cools, utility bills are getting higher: The retail price of household power is up 21% in just three years. Following an Arctic freeze and a historically cold winter in many parts of the U.S., people are posting shockingly high bills on Reddit, Nextdoor, and TikTok.
