Washington, D.C. — In 2022, the average household spent $137 every month on electricity – a stressor on top of the rising costs of basic necessities. More than a quarter of Americans face high energy burdens, meaning they spend more than 6% of their annual income on heating and cooling.

The U.S. has rich energy resources, but the fragmented nature of its electric grid limits the ability to move power freely across long distances. Building more transmission capacity to carry energy to where it’s needed most will give American consumers greater access to cheaper energy resources. A more interconnected grid also ensures communities can import extra power to prevent sudden price spikes during extreme weather events.