In Focus: Why Electricity Costs Are Increasing

Jesse Buchsbaum

Date

April 3, 2025

Guest

Jesse Buchsbaum

Producers

Annie M. Tastet and Matt Fleck

Image

JU.STOCKER / Shutterstock

Why are electricity prices increasing? Resources for the Future (RFF) Fellow Jesse Buchsbaum, who studies energy economics, discusses the causes behind rising electricity prices—and how those prices are passed on to consumers. Buchsbaum highlights the necessity of affordable and reliable electricity in modern life, and how the costs of upgrading electricity infrastructure can be distributed in such a way that vulnerable communities aren’t unfairly burdened by high prices.

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