Electricity bills are expected to go up this winter: Find out how much

Homeowners' electricity bills are expected to rise this winter due to a variety of factors, according to an outlook report released by the U.S. Energy Information Administration. The average electricity bill is forecasted to rise approximately 4% starting in November until March 2026, to a total of about $1,130 nationally. About 43% of homes in the U.S., primarily in the South, are heated with electricity. The EIA estimates the total cost on average in the South will rise to about $1,030. Electricity costs have been on the upswing this year with experts citing factors such as higher expenses from natural disasters like storms and wildfires, higher natural gas prices, higher retail electricity prices, growing insurance prices, and more infrastructure demands, such as a growing appetite for