Energy prices soar almost 30 percent under Biden — 13 times faster than previous 7 years: analysis

Energy prices, particularly the cost of electricity, have skyrocketed since President Biden took office, outpacing inflation and putting a dent in Americans’ wallets. Since January 2021, electricity prices have soared 29.4% — 50% more than overall inflation — rising 13 times faster than the previous seven years, according to a Wall Street Journal analysis of Bureau of Labor Statistics data.