Opening your electricity bill these days can be stressful. Power costs are rising faster than regular inflation. Recent research from Lawrence Berkeley National Laboratory shows electricity prices have increased by 4.8% each year from 2019 to 2023, putting pressure on family budgets. Why are we paying more? Part of it comes down to aging power lines and equipment that need fixing. The costs of distributing and transmitting electricity keep rising. Additionally, as reported in a new report by Jack Kemp Foundation , data centers and artificial intelligence facilities are adding new demands to our power grid, while manufacturers bringing factories … Continue reading Rising Power Costs: Is a $27K Solar Investment Worth $131K Savings?