The epicenter of America’s power bill inflation crisis stretches across the Mid-Atlantic and Northeast, where far-left state and city leaders have swallowed the globalist “climate crisis” pill, which even Bill Gates admitted last week that the climate crisis narrative was fake news.
The result of these leftist extremist “green” policies has been the systematic degradation of regional power grids in Mid-Atlantic and Northeast states, as reliable fossil-fuel generation was prematurely retired in favor of unreliable, intermittent solar and wind. These nation-destroying green policies have gutted spare grid capacity (read here) just as demand surges from data centers, onshoring, and the broader electrification push (read here), culminating in today’s power bill crisis.
A recent Goldman Sachs report by analyst Carly Davenport found that “higher power bill inflation has been the most pronounced in the Northeast, Mid-Atlantic, and California in the past three years.”
It’s no secret that the Northeast, Mid-Atlantic, and California are governed primarily by Democratic leaders who have pushed at least a decade of climate crisis hoax narratives to justify massive “green” funding, some of which was funneled into NGOs, and to advance the progressive utopia narrative that solar and wind power would deliver clean skies and save, most importantly, planet Earth from immient climate catastrophe. Yet this fantasy was far from reality. There was never going to be a green utopia, only what millions of Americans across these states are now realizing: unaccountable Democrats have left them with a power bill crisis.
Davenport told clients:
Residential utility bill inflation has accelerated in certain regions, raising concerns about customer affordability. A few states in the Northeast/Mid-Atlantic such as MD, CT, DE and DC, as well as California, have seen accumulated bill inflation of 29% in the past three years (20pp above CPI), while other states such as MI, ND, AR, SD and LA had bill growth of only 5% in the same period (Exhibit 2). Interestingly, the states with higher bill inflation during this period have deregulated or competitive power markets, and those with lower inflation are in traditional regulated markets. We provide more details on power market fundamentals and utility bills within.
Northeast/Mid-Atlantic States Hit Hardest by Power Bill Crisis
The topic of power bills is beginning to dominate local political discussions across these states. In the New Jersey governor’s race, power bill ads seen by Republicans were criticizing the Democratic Party’s failed green energy policies. And the Maryland Freedom Caucus of lawmakers joined forces with other conservatives in surrounding states to combat and break the far-left’s stranglehold on the region.
“Politicians and special interest groups have traded energy independence for a delusional climate cultist ideology, and every Maryland family is paying the price with skyrocketing bills and a rapidly dwindling energy supply,” Maryland Delegate Brian Chisholm told local TV station Fox Baltimore.
Chisholm continued, “We stand firmly united with our colleagues in neighboring states to deliver real, adult solutions and finally put an end to the childish nonsense impacting our state.”
We’ve told readers.
In one year, this will be the most popular chart on this site pic.twitter.com/h93gWXMoNL
— zerohedge (@zerohedge) August 11, 2025
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What’s entirely clear is that the power bill crisis began with green policies that have now backfired in an epic way, and it will continue to drive power bills higher. Ahead of the Midterms, Republicans are likely to seize on this topic as they seek to break the Democratic Party’s stranglehold over the Mid-Atlantic and Northeast regions, which have been transformed into unaffordable living, elevated violent crime, and illegal alien safe havens.
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