Q2 Utility Rate Hike Requests Reach $9.2 Billion
In Q2 of 2026, U.S. electric and gas utilities requested a total of $9.2 billion in rate hikes from state regulators, marking a 26% increase compared to the same period last year. This follows an overall decline in first-half-of-the-year requests to $18.6 billion, down from around $25 billion in early 2025.
Topics: consumer backlash infrastructure investment utility rates