Electric rate inflation has come in at one tenth of a percent less than the CPI increase in the last two years. Of course, electric rate inflation two years earlier was a setback for American households. It was 14.3 percent, while the CPI increase was 6.5 percent.

“Timely, cost-effective deployment of new technologies to secure the grid and enhance resilience are also essential because disruptions can be hugely costly.”

“In recent years, PGE has secured and contracted major grant support and tax credits that accelerate the pace of deployment and lower the cost of new technologies and renewable energy projects – savings that are directly passed on to customers.”

“You must manage the company while effectively working with regulators, not just to meet investors’ demands for the quarter, but to also meet the long-term needs of customers.”

Energy was generally more affordable for U.S. households in 2024 than anytime in recent memory, when averaged nationally. Of course, for individual households, energy affordability varies immensely.

“By combining lower operating and financing costs with a growing customer base to help share those costs, we can reduce upward pressure on rates over time.”

Tables report where energy is least and most affordable in the United States. All but two states saw a decrease, and generally saw a substantial decrease, in the average residential share over the last quarter century.

Twenty percent of the nation’s 200 state utility Commissioners completed PUF’s three-question anonymous survey.

“Customers currently qualify for the energy affordability program if household income is below 60% of state median income. This will soon extend to moderate-income households. Customers can demonstrate this to utilities by identifying enrollment in state and federal programs, such as the home energy assistance program or Medicaid.”