Trends in Electricity Prices Across US Presidencies

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Do politics influence electricity prices? A recent study by Payless Power analyzed historical electricity rates to explore how prices have varied during different U.S. presidencies. By examining data from 1980 onward, this analysis highlights notable trends, such as the highest average price recorded and the largest price increase during a president’s tenure.

This study offers potential insights into the complex relationship between political leadership and electricity costs. While the findings do not establish causation, they provide context for understanding energy price trends in the U.S.

Key Takeaways

• The highest average electricity price occurred under President Biden (16¢ per kWh).
• Electricity prices saw the largest increase during George W. Bush’s presidency (+33.6%).
• Electricity prices saw the largest decrease during Bill Clinton’s presidency (-4.7%).

Methodology

We analyzed data from FRED Economic Data to determine the average monthly price of electricity since 1980. We aligned electricity prices with presidential terms to visualize how costs changed under different administrations. These findings do not imply causation, as many other factors (e.g., inflation, the COVID-19 pandemic, etc.) may have impacted prices.

About Payless Power

Payless Power provides affordable prepaid and traditional electricity plans with no credit check required. Flexible options help customers manage their energy budgets with ease.

Fair Use Statement

Feel free to share this article for noncommercial purposes to inform your audience about electricity price trends under various U.S. presidencies. We simply ask that you link back to this page to provide full access to the findings and methodology.

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