US utilities asked for $23.1bn of rate rises by September
Electric and gas utilities requested $23.1bn of rate increases in January–September 2026; that follows a record of nearly $31bn in 2025 and $15bn in 2024.
US utilities asked for $23.1bn of rate rises by September. Values shown in $bn.
Period
Rate-increase requests
2024
15
2025
31
Jan–Sep 2026
23.1
Electric and gas utilities requested $23.1bn of rate increases in January–September 2026; that follows a record of nearly $31bn in 2025 and $15bn in 2024.
Requests filed with state regulators, not approvals; electric and gas combined. 2024 ($15bn) and 2025 (nearly $31bn) from the PowerLines year-end 2025 report; 2026 Q1 $9.4bn, Q2 $9.2bn, Q3 $4.5bn (highest third quarter on record) from the 2026 quarterly updates.
