ROUND UP: Americans Face More Rate Hikes as Electricity Prices Spike by 18% Under Trump’s Watch 

New data from the Energy Information Administration (EIA) shows that utility bills are skyrocketing as concerns about energy costs jump by 10% 

Washington, DC – Last weekend, Americans officially kicked off what is expected to be a record-hot summer and according to newly released EIA data, it is going to be more expensive to keep cool. Electricity prices have spiked by 18% under Trump’s watch, but instead of focusing on lowering costs, he is doubling down on not caring about Americans’ financial situations. Meanwhile, customers in five states faced new rate hikes as high as more than 15% in recent weeks. 

Trump’s reckless energy policies have canceled or delayed 378 clean energy projects across the country, taking enough energy to power 16.8 million homes off the grid. On top of that, his war of choice in Iran has kickstarted a global energy crisis that is sending gas prices through the roof. With approval ratings that have plummeted to record lows, Trump’s cronies are desperately trying to spin his disastrous energy policies, but voters aren’t buying it. 

Michigan

• Marquette-based Upper Peninsula Power Company proposed a rate hike that would raise rates by more than 15% for residential customers. This is the second largest rate hike request by the company since at least 2006. 

West Virginia

• Monongahela Power and Potomac Edison Co., First Energy Subsidiaries, proposed two pathways for rate hikes in West Virginia. The first would raise residential rates by 13.9% starting in March 2027. The second option would raise residential rates by 3% in August 2026 and then raise rates by an additional 2.9% in June 2027.

Wyoming

• Rocky Mountain Power requested an 8.8% rate hike for its Wyoming customers.

Connecticut

• Eversource Energy requested an 11% rate hike for its electric residential customers to recover deferred storm restoration costs.

New York

• State regulators approved New York State Electric & Gas’s requested temporary rate hike, which will raise residential electric rates by 0.2% and residential natural gas rates by 1.7%.
• State regulators approved Rochester Gas & Electric’s requested temporary rate hike, which will raise residential electric delivery rates by 2.9% and residential gas delivery rates by 1.2%.