WASHINGTON – The Joint Economic Committee – Minority released a new report on nationwide and state-by-state changes in electricity costs from 2024 to 2025. The updated Committee calculations show that the energy cost crisis facing American families is worse than previously projected, with the average U.S. electric bill increasing by $110, or 6.4 percent, last year. On the campaign trail, President Trump repeatedly promised that he would slash electricity prices in half, but this new data shows that under President Trump, households in nearly every state paid more for electricity in 2025 compared to 2024.

“American families don’t need a report to tell them that the President has broken his campaign promise to slash energy costs; they already feel the impact of President Trump’s actions every single day. But this report is yet another indication that sky-high costs are continuing to rise – and are continuing to hurt American families,” said U.S. Senator Maggie Hassan, Ranking Member of the Joint Economic Committee.

Last year, the Committee projected that annual electricity costs for the average American household would increase by approximately $100 in 2025 based on federal Energy Information Administration data through August of 2025. Last month, the federal Energy Information Administration released updated data through the end of 2025, and the Committee updated its calculations based on this new data.

Read the full report here.