PHOENIX — If you're tracking the cost of power bills, you've probably noticed an alarming trend: they're rising even faster than the cost of groceries across the nation.
12News found out why and has some simple things you can do to save money on your upcoming electric bills.
According to ICF, a leading global solutions and technology provider, U.S. electricity demand could grow 25% from 2023 to 2030 and 78% by 2050.
"Most people write a check, and they see it and they feel it," said Rob Gramlich, president of Grid Strategies, a DC-based power sector consulting firm. "Around the country, power bills are going up... we have a confluence of events."
Gramlich says power demand is up for several reasons, and electrical equipment, including the transformers, lines, and towers, is getting m