International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

The Rise of Residential Energy Costs in the United States: Drivers, Impacts, and Smart Home Mitigation Strategies

Author(s) Vinay Agarwal
Country United States
Abstract Retail residential electricity prices have increased at a rate greater than general inflation since 2022. The EIA forecasts that retail electricity prices will continue to rise until at least 2026. The objective of this study is to examine the primary factors causing the increase in residential energy costs: aging grid infrastructure, the rapidly increasing amount of electricity being demanded by data centers and artificial intelligence workloads, extreme weather caused by climate change, price volatility of natural gas due to increasing amounts of LNG being exported, and changing federal energy policy. Additionally, this study will evaluate how various smart home technologies can be used by consumers to mitigate the effects of increasing residential energy costs: real-time energy monitoring, smart thermostats, intelligent lighting systems, ENERGY STAR certified appliances, and PoE. Based on the data obtained from the EIA, IEA, ACEEE, and the CTA, this study shows that smart home technologies can provide residential energy savings of 10-30%. Therefore, smart home technologies can serve as a practical and scalable means for providing relief to a residential energy market where costs are becoming increasingly expensive. The final section of this study includes policy and technological recommendations for stakeholders who wish to promote both the modernization of the grid and the affordability of electricity for consumers.
Keywords residential electricity prices, smart home energy management, aging grid infrastructure, data center electricity demand, natural gas volatility, smart thermostats, Power over Ethernet.
Field Engineering
Published In Volume 8, Issue 2, March-April 2026
Published On 2026-03-26
DOI https://doi.org/10.36948/ijfmr.2026.v08i02.72551

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