00:00Your electric bill just got more expensive.
00:02And it's not only because you used more power.
00:04Hidden costs like weather damage and infrastructure upgrades are pushing prices higher across the country.
00:11The average U.S. electricity price hit $18.31 per kilowatt hour in July, up from $17.45 last year.
00:19But rising prices only tell part of the story.
00:22California customers pay more for wildfire prevention and grid improvements.
00:26While the Southeast faces expenses from hurricanes and storm repairs,
00:30meanwhile, natural gas price swings keep Northeast bills unstable.
00:34Delivery charges cover maintaining poles, wires, and storm damage.
00:39These costs often last long after the event.
00:42Florida's bills rose after hurricanes in 2024.
00:45And Texas invested heavily after its 2021 winter storm.
00:49So even if your electricity use stayed steady, your bill can climb because of these hidden fees.
00:54That means your higher bill often reflects more than just the power you used.
00:59Disclosure.
00:59This video contains stock footage and content created or enhanced using AI-assisted tools.