{"id":385785,"date":"2025-11-17T18:34:20","date_gmt":"2025-11-17T18:34:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/385785\/"},"modified":"2025-11-17T18:34:20","modified_gmt":"2025-11-17T18:34:20","slug":"new-analysis-shows-more-us-consumers-are-past-due-on-utility-bills","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/385785\/","title":{"rendered":"New analysis shows more US consumers are past due on utility bills."},"content":{"rendered":"

WASHINGTON (AP) \u2014 More people are falling behind on paying their bills to keep on the lights and heat their homes, according to a new analysis of consumer data \u2014 a warning sign for the U.S. economy and another political headache<\/a> for President Donald Trump<\/a>. <\/p>\n

Past due balances to utility companies jumped 9.7% annually to $789 between the April-June periods of 2024 and 2025, said The Century Foundation, a liberal think tank, and the advocacy group Protect Borrowers. The increase has overlapped with a 12% jump in monthly energy bills during the same period.<\/p>\n

Consumers usually prioritize their utility bills along with their mortgages and auto debt, said Julie Margetta Morgan, the foundation\u2019s president. The increase in both energy costs and delinquencies may suggest that consumers are falling behind on other bills, too.<\/p>\n

\u201cThere\u2019s a lot of information out there about rising utility costs, but here we can actually look at what that impact has been on families in terms of how they\u2019re falling behind,\u201d Margetta Morgan said.<\/p>\n

Troubles paying electricity and natural gas bills<\/a> reflect something of an economic quandary for Trump, who is promoting the buildout of the artificial intelligence industry as a key part of an economic boom he has promised for America. But AI data centers are known for their massive use of electricity<\/a>, and threaten to further increase utility bills for everyday Americans.<\/p>\n

These troubles also come as Trump faces political pressure from voters<\/a> fed up with the high cost of living. The president plans to speak about the economy and affordability issues Monday at an event hosted by the McDonald\u2019s fast food company.<\/p>\n

Ever since Republicans saw their fortunes sag<\/a> in off-year elections this month and affordability was identified as the top issue<\/a>, Trump has been trying to convince the public that prices are falling. Fast-rising electricity bills could be an issue in some congressional battlegrounds<\/a> in next year\u2019s midterm elections.<\/p>\n

Trump has put a particular emphasis on prices at the pump. Gasoline accounts for about 3% of the consumer price index, slightly less than the share belonging to electricity and natural gas bills \u2014 meaning that possible savings on gasoline could be more than offset by higher utility bills.<\/p>\n

The president maintains that any troubling data on inflation is false and that Democrats are simply trying to hurt his administration\u2019s reputation.<\/p>\n

\u201cIn fact, costs under the TRUMP ADMINISTRATION are tumbling down, helped greatly by gasoline and ENERGY,\u201d Trump posted on social media Friday. \u201cAffordability is a lie when used by the Dems,\u201d <\/p>\n

Nearly 6 million households have utility debt \u201cso severe\u201d that it will soon be reported to collection agencies, according to the foundation\u2019s analysis, drawn from the University of California Consumer Credit Panel. <\/p>\n

During Trump\u2019s first six months in office, there was a 3.8% increase in households with severely overdue utility bills.<\/p>\n

\u201cVoters are frustrated and families are hurting because these tech giants are cutting backroom deals with politicians, and it\u2019s causing their power bills to go up,\u201d said Mike Pierce, executive director of Protect Borrowers. \u201cIf the Trump administration doesn\u2019t want to do its job and protect families and make life more affordable, I guess that\u2019s its choice.\u201d<\/p>\n

Both Margetta Morgan and Pierce previously worked at the Consumer Financial Protection Bureau<\/a>, a government agency formed in part to track trends in household borrowing to prevent potential abuses. The Trump administration has essentially shut down<\/a> the bureau.<\/p>\n

The administration has so far said it has no responsibility for any increases in electricity prices, since those are often regulated by state utility boards. The White House maintains that utility costs are higher in Democratic states that rely on renewable forms of energy.<\/p>\n

\u201cElectricity prices are a state problem,\u201d Treasury Secretary Scott Bessent told ABC News this month. \u201cThere are things that the federal government can control. Local electricity prices are not one of them.\u201d<\/p>\n

The new analysis of utility bills by the groups counters that the Trump administration is contributing to higher utility costs \u201cby impeding renewable energy generation\u201d including solar and wind power.<\/p>\n

While that analysis is a warning sign, other economic analyses on consumers suggest their finances are stable despite some emerging pressures. <\/p>\n

The New York Federal Reserve has said delinquency rates of 90 days or more for mortgages, auto loans and student debt<\/a> have each increased over the past 12 months, though it said mortgage delinquencies are \u201crelatively low.\u201d An analysis of debit and credit card spending by the Bank of America Institute showed that consumers\u2019 \u201coverall financial health looks sound.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON (AP) \u2014 More people are falling behind on paying their bills to keep on the lights and…\n","protected":false},"author":3,"featured_media":385786,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[738,64,332,69,90,57,2055,65,184249,117013,18110,184250,32555,255,80,866,18244,147670,61,67,370,132,68,17084,93],"class_list":{"0":"post-385785","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-consumer-affairs","11":"tag-donald-trump","12":"tag-elections","13":"tag-general-news","14":"tag-government-and-politics","15":"tag-information-technology","16":"tag-julie-margetta-morgan","17":"tag-juvenile-corrections","18":"tag-mcdonalds-corp","19":"tag-mike-pierce","20":"tag-mortgages","21":"tag-personal-finance","22":"tag-politics","23":"tag-renewable-energy","24":"tag-scott-bessent","25":"tag-think-tanks","26":"tag-u-s-news","27":"tag-united-states","28":"tag-united-states-government","29":"tag-unitedstates","30":"tag-us","31":"tag-utilities","32":"tag-washington-news"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115566481539922890","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/385785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=385785"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/385785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/385786"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=385785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=385785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=385785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}