EnergyWorld NEWS
Increases in U.S. residential electricity bills in 2023 were outpaced by inflation
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In 2023, U.S. residential electricity bills increased by 2% each month compared with 2022. That growth rate was slower than inflation, which was 4.1% in 2023. Over the past decade, residential electricity prices have increased more slowly than overall inflation.In 2023, U.S. residential electricity bills increased by 2% each month compared with 2022. That growth rate was slower than inflation, which was 4.1% in 2023. Over the past decade, residential electricity prices have increased more slowly than overall inflation. Read More