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BumRushDaShow

(164,012 posts)
Mon Nov 17, 2025, 06:31 PM Nov 17

Growing number struggle to pay bills as Trump faces cost of living pressure

Source: The Independent

Monday 17 November 2025 07:40 EST


A new analysis of consumer data reveals a concerning trend in the United States, with a growing number of households struggling to pay their utility bills, signalling a potential warning for the nation's economy.

According to The Century Foundation, a liberal think tank, past due balances owed to utility companies surged by 9.7 per cent annually, reaching an average of $789 between April-June periods of 2024 and 2025. This increase coincides with a 12 per cent jump in monthly energy bills over the same timeframe.

Julie Margetta Morgan, the foundation's president, highlighted the significance of these figures. "Consumers usually prioritise their utility bills along with their mortgages and auto debt," she stated. "The increase in both energy costs and delinquencies may suggest that consumers are falling behind on other bills, too."

“There’s 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’re falling behind," Margetta Morgan said.

Read more: https://www.the-independent.com/news/world/americas/century-foundation-trump-cost-living-b2866613.html



Link to Century Foundation REPORT - Fueling Debt: How Rising Utility Costs Are Overwhelming American Families
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BaronChocula

(3,860 posts)
1. But the American economy's never been better
Mon Nov 17, 2025, 06:48 PM
Nov 17

At least according to the Dark Lard-Ass. He ran on bringing prices down on day one. We have no reason to believe he's the most untrustworthy person you can vote for. No evidence of that at all. He says things are great. They must be great.

durablend

(8,805 posts)
2. TRUMP LOW PRICES
Mon Nov 17, 2025, 06:52 PM
Nov 17

Kept seeing it on the signs. In fact there's still those signs around. All these people who aren't seeing this are either blind or have TDS

B.See

(7,465 posts)
3. Exactly. Higher grocery prices?
Mon Nov 17, 2025, 07:13 PM
Nov 17

Higher utility costs? Interest rates? Goods and services? etc? 'Move along. Nothing to see here.'

progree

(12,614 posts)
4. More discussion at this earlier LBN story. EDIT: OOPS, not an LBN story, it's a GD story, Sorry
Tue Nov 18, 2025, 12:48 AM
Nov 18

More Consumers Falling Behind on Their Utility Bills
https://www.democraticunderground.com/100220810930

==================================

https://apnews.com/article/trump-inflation-utility-bills-16cf846b44369b5b9660238be7112a4d

Nearly 6 million households have utility debt “so severe” that it will soon be reported to collection agencies, according to the foundation’s analysis, drawn from the University of California Consumer Credit Panel.

During Trump’s first six months in office, there was a 3.8% increase in households with severely overdue utility bills.

. . . The New York Federal Reserve has said delinquency rates of 90 days or more for mortgages, auto loans and student debt have each increased over the past 12 months,


====================================
As electric bills rise, evidence mounts that data centers share blame. States feel pressure to act, AP, 8/8/25
https://apnews.com/article/electricity-prices-data-centers-artificial-intelligence-fbf213a915fb574a4f3e5baaa7041c3a

Aussie105

(7,470 posts)
5. Data centres don't 'share the blame'!
Tue Nov 18, 2025, 02:29 AM
Nov 18

They create the problem.

A data centre or AI facility goes up, and demands more power, more water.

The supplying utilities have a cost in stepping up those supplies, and the cost gets spread across all their customers.

Would be fairer if utility companies could get the new Big Customers to pay for the expense of upgrading supply - restrict the increased costs to them only.

BumRushDaShow

(164,012 posts)
8. I literally heard a story on my local news radio this morning about residents pushing back against a proposed datacenter
Tue Nov 18, 2025, 07:55 AM
Nov 18

It was related to this earlier story (from Oct.) - Conshohocken Residents Push Back on Proposed AI Data Center

The plan was apparently to repurpose an abandoned steel mill and build an AI data center on the site.



More on that effort -

https://www.inquirer.com/consumer/technology/ai-center-plan-plymouth-conshohocken-20251003.html
https://patch.com/pennsylvania/plymouthwhitemarsh/critical-vote-data-center-plymouth-twp-monday-tensions-rise

The application was not heard during their last meeting in October and was on the schedule for yesterday - https://www.plymouthtownship.org/data-center-update/

The latest update that I heard this morning was that the initial developer pulled their submission.

I live about 6 or 7 miles from there.

(side note - this is the 3rd try at this as I kept running into the Cloudflare outage impacting DU )

progree

(12,614 posts)
10. Data centers - most people think of AI, but cryptocurrency mining is a considerable factor too
Tue Nov 18, 2025, 02:54 PM
Nov 18

Last edited Tue Nov 18, 2025, 09:36 PM - Edit history (1)

https://finance.yahoo.com/personal-finance/investing/article/what-is-bitcoin-130000730.html

A single [Bitcoin] transaction can use more electricity than the average U.S. household consumes in about 38 days. (So just one single freaking transaction "can" use more than the amount of electricity that an average household uses in a month and then some).

Bitcoin mining uses as much electricity as entire nations such as Argentina, Finland, The Netherlands, and Thailand.

=======================
https://www.statista.com/statistics/881472/worldwide-bitcoin-energy-consumption
Nearly 200 TWH/year globally
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