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
Home
Research Paper
Submit Research Paper
Publication Guidelines
Publication Charges
Upload Documents
Track Status / Pay Fees / Download Publication Certi.
Editors & Reviewers
View All
Join as a Reviewer
Get Membership Certificate
Current Issue
Publication Archive
Conference
Publishing Conf. with IJFMR
Upcoming Conference(s) ↓
Conferences Published ↓
IC-AIRCM-T3-2026
SPHERE-2025
AIMAR-2025
SVGASCA-2025
ICCE-2025
Chinai-2023
PIPRDA-2023
ICMRS'23
Contact Us
Plagiarism is checked by the leading plagiarism checker
Call for Paper
Volume 8 Issue 2
March-April 2026
Indexing Partners
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 |
Share this

E-ISSN 2582-2160
CrossRef DOI is assigned to each research paper published in our journal.
IJFMR DOI prefix is
10.36948/ijfmr
Downloads
All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.
Powered by Sky Research Publication and Journals