CONNECT WITH US
Climate & Energy

Climate & Energy

Here's why your energy bills are going up

Canary Media logo

Published on

Add as a preferred source on Google
Here's why your energy bills are going up

Election season is heating up, and while fewer candidates are mentioning climate change, everyone seems to be talking about energy affordability.

The topic defined the contests for governor in Virginia and New Jersey, and the usually sleepy election for utility regulators in Georgia. In all those cases, Democrats won.

Since then, the cost of energy has only become more salient. Oil prices are up around 60% since the start of the year, due to disruptions to the flow of Middle Eastern oil stemming from the war with Iran. Diesel prices have risen even further.

Americans are also seeing record-high power bills. Utilities so far this year have asked for more than $18 billion in rate increases, according to a survey by the consumer advocacy group PowerLines, setting up 2026 to potentially beat 2025 for the most utility rate requests on record.

Political candidates this fall have taken note and started talking more about energy costs. But often, they frame the issue in politically expedient terms — blaming the opposing party or data centers — that fail to grapple with the root causes, which are complex and nuanced. To help you navigate election-season talking points, here’s a rundown of the causes of — and some promising solutions to — the energy affordability crisis.

To hear some critics tell it, skyrocketing energy bills begin and end with the man in the White House. The problem with this account is that energy costs have been rising steadily for years in response to structural problems unrelated to the executive branch.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.