Several factors have contributed to higher electricity bills in recent years. The pandemic resulted in many natural gas producers closing down. When demand started picking up again, these producers were unprepared and understaffed to meet the natural gas demand. In 2021, the average U.S. household saw a 4.3% increase in electricity. Now, in 2022, the Ukraine crisis has caused a significant rise in natural gas prices, and since this gas is used to produce electricity, energy costs have escalated. The rise in your electric bill is also caused by recent extreme weather conditions that disrupted the supply chain. Finally, utility companies are also upgrading their grids to prevent wildfires and blackouts, and these costs impact your energy bill.