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Why utility bills are rapidly rising in some states

Why utility bills are rapidly rising in some states
business8/23/2025

Residential electricity rates are expected to increase by as much as 18% in the next few years, according to the Energy Information Administration.

If you noticed your utility bill has gone up this summer, you're not alone. On average, electricity costs are 5.5% higher today than they were a year ago, according to the latest federal data, and natural gas is up 13.8%. Nearly 60 utility companies ... [8924 chars]