US Electricity Bills Seen Rising Most in Three Years This Winter

US households will see their winter electric bills climb by the most in three years, according to the Energy Information Administration.

Average residential consumers are poised to spend $1,130 on electricity this year, a 4% increase from 2024, the agency said in its winter fuels outlook. The jump is almost entirely the result of higher retail power prices, as the cost of heating fuel is seen declining this winter.