The Going Rate
If you’re feeling the pinch on your utility bills, you’re not alone, and you aren’t imagining it. Electric bills are expected to rise by about 7.5% from 2021, according to the U.S. Energy Information Administration. Consumers can also expect to pay about 17.2% more to heat their homes this winter, for a household average of $1,200, the National Energy Directors Association says. Coupled with inflation — which has seen energy prices rise by more than 23% — bills are stacking up. DoxoInsights' analysis of more than 6 million consumers from 2021 puts the average monthly U.S. household utility bill at $316, but the amount you pay depends in large part on which state you live in.