Energy secretary expects electricity costs to stabilize ‘very soon’
Energy Secretary Chris Wright is hopeful that electricity prices will eventually drop. “Soon, the rise in electricity prices will come to a halt, and if they continue to rise, we’re going to see a drop in electricity prices later this year because of the additional energy policy,” Wright stated during an interview on “Fox News […]
Report Confirms Democrats Are Responsible for Your High Electricity Bills
Electricity Costs Driven by State Policies, New Report Says A report by the Institute for Energy Research (IER) reveals that state policies play a significant role in driving electricity costs. It suggests that states governed by Democrats tend to have higher prices due to strict mandates and limits on reliable power sources. The analysis, shared […]
Los Angeles’ Coal Ban Expected to Burden Customers with High Electricity Prices
Los Angeles Ends Coal Use to Achieve Clean Energy Goals Los Angeles has made the decision to sever ties with coal in order to reach its aim of 100% clean energy by 2035. However, city officials are highlighting this achievement while residents are facing high electricity costs. In 2024, coal and oil accounted for 11% […]
Malaysia Takes Action Against Bitcoin Miners for $1.1B Electricity Theft
Simply put In November, Malaysia established a special committee to combat electricity theft linked to mining operations. Over the last five years, Japan has uncovered around 14,000 illegal activities related to electricity theft. This week, Thailand shut down a major mining operation associated with a fraudulent network. Malaysian authorities are deploying drones and handheld sensors […]
Golden State’s electricity rates are now the second highest in the country, following Hawaii.
The ongoing discussion about the reasons for rising electricity prices has reached a fever pitch, with various parties pointing fingers. Some attribute the hike to President Trump’s significant legislation that cuts subsidies for cheaper renewable energy sources, while others argue that the increasing demand for electricity—driven largely by AI—plays a role. Then there are those […]
Ukrainian Attacks Hinder Electricity and Heating Services in Two Major Russian Cities
Ukrainian Strikes Target Russian Power Infrastructure KYIV, Ukraine – Reports indicate that Ukrainian airstrikes have disrupted power and heating services in two significant Russian cities near the border, according to local officials. This news comes amid ongoing exchanges of attacks between Russia and Ukraine, each targeting the other’s energy infrastructure nearly every day. Diplomatic efforts […]
Ukrainian Areas Left Without Electricity Following Recent Intense Bombing
Russia’s Attacks on Ukrainian Energy Facilities Intensify KYIV, Ukraine (AP) – Authorities reported that Russia has launched a significant offensive against energy facilities in Ukraine, employing hundreds of drones and numerous missiles. This recent shelling, described by officials on Thursday, has coincided with Ukrainian President Volodymyr Zelenskiy’s preparations to appeal to President Donald Trump for […]
Rising electricity costs become a key issue in New Jersey governor’s election
Increasing electricity costs have become a central theme in New Jersey’s upcoming gubernatorial race and may play a significant role in the 2026 midterm elections. Across the country, electricity prices surged by 6.2%, significantly outpacing last year’s overall inflation rate of 2.9%. In New Jersey, electricity expenses for homes are about 22% higher in July […]
Electricity Returned to 800,000 in Kyiv Following Russian Attacks on Energy Infrastructure
(AP) – Power was restored to over 800,000 residents in Kiev on Saturday, following a significant attack by Russia on Ukraine’s power infrastructure the previous day, which caused widespread blackouts across the nation. European leaders also decided to proceed with utilizing hundreds of billions in frozen Russian assets to bolster Ukraine’s military efforts. DTEK, the […]
Challenging Times Ahead for Electricity, While the UK Dismantles Power Plants
UK Energy Supply Report Ahead of Winter A report from Britain’s electricity grid has indicated that while energy supply margins should be adequate during the peak winter demand, there may be “tight days” for imports. This comes as the UK reduces its domestic gas extraction and dismantles some backup power plants. The National Energy System […]