
According to Climate Power, household electric bills rose 13% nationwide in 2025. A survey by Third Way and Impact Research found that concerns about electricity prices were at an all-time high, with 83% of respondents reporting that their energy bills had increased in recent years. With 51% of respondents reporting that energy costs have increased significantly, environmental advocates believe that renewable energy alone can help bring prices down.
For those who have noticed that their neighbor’s energy bill is higher than theirs, there are still practical tips that you can apply to save money. Here are some reasons your neighbor’s electric bill could be lower than yours and what you can do to save money on your next bill.