POV: Your Electric Bill Went Up Again 🤦🏾‍♂️💸 84% of Americans say their utility costs went up this past year. A $50 jump on your electric bill is $600 a year, and the average bill hit $217 a month in July, the highest ever. In most of the country you can’t switch power companies, and every rate hike has to be approved by your state 😅