Utility Business Outlook: Power prices stay elevated as elections sow uncertainty for clean energy plans
Residential electricity prices averaged $0.1588/kWh in 2023, completing a rapid runup from $0.1372/kWh in 2021, according to data from the U.S. Prior to that, electricity prices had been relatively stable for years. Utilities in 2024 will face a myriad of challenges brought on by climate change and efforts to reduce carbon emissions. With growing support […]