U.S. Utilities Seek $23.1 Billion in Rate Increases Ahead of Midterms

Electric and gas utilities sought $23.1 billion in rate increases during the first nine months of 2026, adding a household-cost issue to the energy debate ahead of U.S. midterm elections. Third-quarter filings alone could affect future bills for 45.5 million utility customers. That figure refers to customers potentially affected by cases filed in the quarter; it does not mean their bills have already risen. The $23.1 billion total covers requests submitted over three quarters and is not an approved amount. Regulators decide whether to approve proposed changes.

Source: TokenPost