Electricity costs for Americans are rising faster than inflation

Panel Discussion on Trump’s Economic Goals A discussion panel titled “The Big Money Show” will focus on President Donald Trump’s initiatives to reduce inflation, decrease gas prices, and boost manufacturing ahead of the midterm elections. Across the U.S., many Americans are experiencing increased electricity bills, driven by winter weather and rising temperatures. The surge in […]
Trump yields to cross-party demands regarding electricity costs for major data centers

Trump Raises Concerns Over AI Data Centers and Energy Costs President Donald Trump expressed his worries, similar to many Americans, regarding energy demands and the potential pressure AI data centers could exert on the power grid. During the 2026 State of the Union address, he commented on an issue that, while brief, could lead to […]
Mamdani’s DSA friends create a Bad Bunny-themed advertisement in effort to push the government to take over electricity.

Push for Public Power in New York City There’s a growing interest in taking power back from privatized energy companies in New York City. Mayor Mamdani, alongside his Democratic Socialists of America (DSA) supporters, is advocating for collective control of the city’s energy resources. Astoria City Council member Alexis Avilés recently criticized the rising costs […]
Consumer Prices in the U.S. Increase Less Than Anticipated as Costs for Gas, Electricity, and Medicine Decline

Inflation has eased more than anticipated since the beginning of the year, offering some relief to American families still grappling with elevated prices that have persisted since the Biden administration encountered the highest inflation levels in four decades. In January, the consumer price index increased by 0.2% compared to December. In relation to the start […]
Large, unlawful encampment in NYC flourishes near CitiField — using water, stealing electricity, and operating illegal businesses

A significant number of families are residing illegally in rundown trailers near Citi Field, tapping into fire hydrants for water and illegally connecting to the electrical grid while running an unlicensed auto repair business. This unsightly settlement, located under the Whitestone Expressway and largely inhabited by Spanish-speaking immigrants, has reportedly become a major headache for […]
California electricity costs rose by 39% in six years.

If you’re experiencing higher electricity bills, you’re certainly not alone. In fact, energy costs in California have surged by a staggering 39% over the last six years, making it the highest among all states. This increase can be attributed partly to the devastating wildfires affecting Los Angeles and surrounding areas and to policy decisions that […]
Many in Brooklyn are left without electricity as temperatures drop to the low single digits.

Power Outage in Brooklyn Affects Hundreds During Severe Cold Many Brooklyn residents find themselves without power or heat until Monday morning following a major outage that began late Saturday night, coinciding with a sharp drop in temperatures. As of Sunday afternoon, around 1,500 Con Edison customers were still in the dark, while crews worked diligently […]
Electricity needs for data centers in the US expected to rise by 133% by 2030

Artificial intelligence and data centers are being pointed to as key factors driving up electricity costs across the United States. As of December 2025, consumers are facing electricity bills that are 42% higher than they were ten years prior. Calvin Butler, CEO of Exelon, commented, “When demand increases and supply is inadequate, costs go up, […]
Ukrainian residential buildings lack electricity and heat following Russian assault on Kyiv

Kyiv Faces Heating Crisis After Attack Kyiv’s mayor, Vitaly Klitschko, reported on Sunday that around 1,700 apartment buildings in the city are still without heating following a recent Russian missile and drone assault. Since its invasion of Ukraine in 2022, Russia has significantly intensified its strikes on Ukraine’s energy infrastructure. On Saturday, a significant assault […]
Kevin O’Leary believes that until Bitcoin reaches a certain value and is fully regulated, owning electricity will be more valuable than Bitcoin.

Kevin O’Leary Discusses Value of Energy Infrastructure in Crypto On Tuesday, investor Kevin O’Leary highlighted the significance of owning energy infrastructure within the cryptocurrency sector. He specified that, under the right circumstances, the value of electricity could surpass that of Bitcoin itself. During a recent interview published on X, O’Leary mentioned his investment in Bitzero, […]