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Marketplace

Energy bill burdens grow

Marketplace

Marketplace

News, Business

4.68.5K Ratings

🗓️ 29 January 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

Electricity prices have increased by approximately 40% since 2021, far outpacing inflation. Despite AI data centers making headlines as energy-suckers, that price growth comes from a multitude of factors — including upticks in demand and aging infrastructure. In this episode, you aren’t alone in energy bill price hikes. Plus: Caterpillar benefits from all that AI infrastructure investment, private equity eyes a new form of health care, and salary “lowballing” in a tough job market may be tempting.


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Transcript

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0:00.0

Your electric bill is going up, but how much are AI data centers really to blame?

0:07.0

Plus, could low-balling yourself help you get a job?

0:11.0

From American Public Media, this is Marketplace.

0:18.0

In Washington, I'm Kimberly Adams in for Kyrisdahl.

0:25.0

It's Thursday, January the 29th. Good to have you along.

0:28.7

If you've noticed that your electric bill has been creeping up these past few years, you're in very good company.

0:34.9

According to the nonprofit power lines, electric and gas utilities asked for permission to increase rates by $31 billion last year.

0:44.2

That's double what they asked for the year before, and in most cases, those rate increases were approved.

0:50.6

Marketplace's Sabree Beneshaw takes a look at why this is happening.

0:54.2

Osiris Bali lives in Little Rock, Arkansas, and his electricians. Marketplace's Sabree Beneshore takes a look at why this is happening.

1:02.7

Osiris Bali lives in Little Rock, Arkansas, and his electric and gas bills are about to explode again.

1:10.0

We're all experiencing this winter storm, and you have no choice but to run the heat all day long, especially if you have children.

1:13.8

Completely aside from the storm, his bills have already been rising. But this went up, you know, a few hundred dollars over the last few years for gas and electricity

1:19.0

here. He is annoyed that the Public Service Commission keeps approving the utility's rate increases.

1:25.2

A lot of corporate welfare, I'll say. Every utility market is different, but overall, electricity and natural gas are among the biggest

1:32.5

drivers of inflation, according to nonprofit power lines.

1:36.1

Charles Huah is executive director.

1:38.3

Utility bills have gone up about 40% of the last five years.

1:42.2

It's not just because of data centers, which are geographically concentrated.

1:46.1

In fact, in a lot of places, it's not even mostly because of data centers.

1:49.8

Our grid is getting old.

1:51.1

We're not using it efficiently.

...

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