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August Electricity CPI Rose 30.2% in a Year. It Is a Step, Not a Spike.

Published September 28, 20266 min read
Close-up of a house-side electric meter with a softly lit dial, no numerals visible, in warm dusk light.
Electricity CPI rose 30.2% in a year, driven by rate-case pass-throughs and record diesel costs feeding utility bills. Illustration: MarketIntelLabs

The August CPI report came out on September 11, and the line that should worry every household with a meter on the side of the house is electricity. The electricity index rose 5.5 percent from July to August on a seasonally adjusted basis, the largest one-month move in the series this year, and it now stands 30.2 percent above August 2025, according to Bureau of Labor Statistics data (CPI series CUUR0000SEHE). The same August report also priced campus tuition into the basket . For a home using 900 kilowatt-hours a month, the national average retail price of 19.6 cents per kilowatt-hour in August, per BLS average price data, puts the monthly bill at about $176, up roughly $5 from a year ago a…

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