Your expensive power bill is part of an alarming trend

Electricity prices keep inching up, and there’s little reason to think they’ll fall back down anytime soon. Like most Americans this month, your most recent power bill may have given you a shock. Residential electricity rates have risen fast across the US — more than 30 percent on average since 2020 and almost double the rate of inflation in the past year — with no end in sight.  View Link It’s not great for anyone’s budget, whether you’re a renter or an industrialist. High electricity prices ripple beyond consumers and throughout the whole economy, disrupting manufacturing, constructi