{"id":2323,"date":"2025-11-27T07:45:20","date_gmt":"2025-11-27T07:45:20","guid":{"rendered":"https:\/\/blog.cedritech.com\/?p=2323"},"modified":"2025-11-27T07:45:20","modified_gmt":"2025-11-27T07:45:20","slug":"americans-paying-record-electricity-prices-as-gas-costs-climb","status":"publish","type":"post","link":"https:\/\/blog.cedritech.com\/?p=2323","title":{"rendered":"Americans Paying Record Electricity Prices as Gas Costs Climb"},"content":{"rendered":"<p><span class=\"news-dateline\">(Bloomberg) &#8212;<\/span>\u00a0American households are paying more than ever before for electricity after prices surged the most in almost two years, according to the US Energy Information Administration.<\/p>\n<p>Most Read from Bloomberg<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>Despite Star Architect\u2019s Alleged Misconduct, New Harlem and Princeton Museums Shine<\/li>\n<li>High-Rises\u00a0Are Changing the Slovak Capital of Bratislava Beyond Recognition<\/li>\n<li>Bikeshare Shouldn\u2019t Kick Tourists to the Curb<\/li>\n<li>DC Mayor Bowser Won\u2019t Seek Reelection in 2026<\/li>\n<\/ul>\n<p>The average retail price for electricity gained 7.4% in September to a record 18.07 cents per kilowatt-hour, the biggest gain since December 2023, according to data released Tuesday. Power costs are expected to climb even higher in 2026, and transportation and commercial customers are seeing similar trends, amid rising fuel costs and increased demand.<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\">\n<div>\n<div class=\"caas-img-container caas-img-lightbox\" data-lightbox-src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/Ub6Voo13JHYPhBv34t9y.g--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xNjA0O2NmPXdlYnA-\/https:\/\/media.zenfs.com\/en\/bloomberg_holding_pen_162\/66585f0061c5dbb78761e917c329490b\"><span class=\"caas-img-wrapper\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview caas-loaded\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/h1Vzzhf2OIG_dl1ziGs.wg--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MjtjZj13ZWJw\/https:\/\/media.zenfs.com\/en\/bloomberg_holding_pen_162\/66585f0061c5dbb78761e917c329490b\" alt=\" \" data-caas-lazy-loading-init=\"1\" \/><\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"caption-wrapper caption-aligned-with-image\"><\/div>\n<\/figure>\n<p>The figures highlight the rising pressure consumers are facing from higher energy bills, as increased power consumption from data centers and industrial users boost prices. While electricity typically fluctuates from month to month due to weather, fuel costs and other reasons, the data shows that power prices have been steadily marching higher for the past five years.<\/p>\n<p>A notable part of the increase comes from natural gas. September prices for the biggest source of US power were up 30% from a year earlier.<\/p>\n<p>&#8211;With assistance from Josh Saul.<\/p>\n<p>Most Read from Bloomberg Businessweek<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>Pulte\u2019s Move to Fix Credit Scores Is Bad News for Homebuyers<\/li>\n<li>The AI Industry Is Built on a Big Unproven Assumption<\/li>\n<li>Target Needs More Than a Vibe Shift to Turn Its Business Around<\/li>\n<li>Permabull Tom Lee Sees Bitcoin as High as $200,000 by January\u2019s End<\/li>\n<li>The Dirty Secret of Biodegradable Plastic<\/li>\n<\/ul>\n<p>\u00a92025 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212;\u00a0American households are paying more than ever before for electricity after prices surged the most in almost<\/p>\n","protected":false},"author":3,"featured_media":2324,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7,48],"tags":[],"class_list":["post-2323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-us"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2323"}],"version-history":[{"count":1,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2323\/revisions"}],"predecessor-version":[{"id":2325,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/posts\/2323\/revisions\/2325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=\/wp\/v2\/media\/2324"}],"wp:attachment":[{"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cedritech.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}