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Fortune
Fortune
Jordan Blum

Your electric bill has replaced the price at the pump as the hot-button, political bellwether

Meta CEO Mark Zuckerberg and President Trump speak and laugh while seated during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. (Credit: Will Oliver/EPA/Bloomberg via Getty Images)

Soaring electric and utility bills nationwide are the new political bellwether for consumers heading into a pivotal 2026 midterm election cycle for the first time in recent history. They replace the typical hot-button items of fuel prices and grocery costs—eggs, most notably, last year.

While costly grid and severe weather upgrades have accounted for many of the price hikes of late, utility bills are projected to continue spiking for years to come because of the AI-driven data center boom and surging natural gas exports driving demand for new power generation and more fossil fuels.

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