US electricity prices hit record high

US residential electricity bills are surging, with average prices rising 5% year-over-year to a record 17.3 cents per kilowatt-hour in 2025. Since January 2020, electricity prices have increased by 30% or more in at least 11 states, with the steepest hikes concentrated in specific regions. The data highlights a significant and sustained rise in household energy costs across the country.