Electricity prices across the United States have climbed steadily due to a complex convergence of factors, most notably massive capital expenditures required by utilities to replace aging grid infrastructure that is often decades old. Additionally, surging power demand from newly constructed artificial intelligence data centers, manufacturing reshoring, and the localized costs of repairing distribution networks damaged by increasingly frequent severe weather events have strained regional supply margins. Fluctuating natural gas fuel costs and regulatory compliance investments also contribute heavily to rate increases.