Democracy Does: The Civic Power Playbook
If your electric bill has felt like a shock lately, you’re not imagining it. In my recent conversation with energy economist Professor Severin Borenstein, we unpacked what’s really driving these increases—and it’s more complicated than any single headline. Across parts of the country like the mid-Atlantic and Midwest, demand for electricity is rising faster than supply. When that happens, prices go up. But that’s only part of the story. Aging infrastructure, climate-driven disasters, and the cost of rebuilding and protecting our electric grid are all being passed on to consumers—often hitting lower-income households the hardest. There’s also a policy layer. Efforts to revive older, less efficient energy sources like coal—and roll back support for renewables—risk adding costs over time, even as wind, solar, and battery technology become cheaper.
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