Industry News

EIA Outlook: Rising Residential Electricity Bills

The U.S. Energy Information Administration projected that the average U.S. household will pay $178 per month for electricity between June and September of this year – up from $173 during the same period last year. This increase is attributed not to higher usage, but to rising electricity prices. Despite a slightly cooler summer forecast, Americans will still pay more due to elevated per-kilowatt-hour costs. The impact will vary by region: New England households may pay $13 more per month, while the West South Central region is expected to see the highest average bills overall.

This outlook highlights the continued value of propane as a cost-effective and reliable energy source. Propane’s cost per BTU remains competitive, especially in areas where electricity prices are volatile. Propane offers greater reliability, particularly in rural areas or during peak demand periods when electric grids are strained. With over 11 million U.S. households relying on propane for heating, cooking, and water heating, it continues to serve as a critical alternative in the face of rising electricity costs.

Questions? Please reach out to NPGA’s Senior Manager of State Government Affairs, Austin Wicker.