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Trump Tells America the Economy Is Strong, Blames Biden for Nation's Struggles

In September, electricity costs were up 5.1% year‑over‑year as national electricity rates have mostly tracked inflation but outpaced it at times.
Inflation has pushed up utility inputs by raising business costs, while rapid AI/data center growth and natural gas prices at a three‑year high add to supply challenges.
Transmission and distribution costs are rising faster as utility companies pay more for scarce grid equipment, lumber and labor, while Ed Hirs noted wholesale figures exclude transmission costs.
Households may face higher heating bills this winter as an analysis released on Monday projects rising costs for electricity, natural gas, and heating oil.
State and federal policymakers are considering new requirements for tech companies to pay for grid impacts or secure power, while Democrats blame the Trump administration for hindering renewables amid data-center growth.

Insights by Ground AI