has the electricity price in us rised in last 2 months or since war began?
Yes — electricity prices have risen meaningfully, and the data is now in the official CPI reports. Here's the full picture.
The numbers
Electricity prices rose 2.8% in April alone on a monthly basis, and are up 6.1% from a year ago. Overall energy costs — electricity, gas, heating oil combined — rose nearly 18% year-over-year. Gasoline is up 28.4% from a year ago. Fox Business
The average price of a gallon of gasoline in the US is now $4.50 as of May 12, with prices higher still in states like California, Ohio, and Arizona. Al Jazeera
Higher energy costs accounted for 40% of the total jump in April's CPI inflation reading of 3.8% — the fastest annual pace since May 2023. Americans have collectively spent an additional $28 billion on gas since March 1, of which an estimated $22 billion stems directly from the Iran war. CBS News
Why electricity specifically is rising — the natural gas link
Approximately 40% of US electricity is generated by natural gas power plants. Because of the war, Qatar shut down production at the world's largest LNG facility, and LNG shipments have been unable to move through the Strait of Hormuz — raising global gas prices, which feeds directly into US electricity generation costs. Committee on Oversight and Accountability Democrats
European and Asian natural gas prices have doubled. The US impact has been more muted because domestic gas supply and demand matters more than global LNG prices here — but the linkage is tightening as US LNG exports grow, connecting domestic prices increasingly to the global market. Chatham House
The data center angle — confirmed
Goldman Sachs analysts have specifically flagged that increased electricity demand from the data center boom is expected to boost inflation over the next two years — meaning the Mag 7's own infrastructure buildout is itself a source of electricity price pressure, on top of the war-driven shock. They are simultaneously the victim of rising electricity costs and a contributing cause of rising electricity demand. CBS News
The broader consequence
The inflation data has likely pushed any Fed rate cut to December at the earliest, with risks rising it won't occur until 2027. For millions of workers, the spike means inflation is now outpacing wage growth — squeezing real purchasing power at exactly the moment consumer spending needs to hold up to deliver the 20%+ earnings growth the market is pricing in. Fox BusinessCBS News
This is the transmission mechanism completing itself in real time. Oil shock → electricity prices → consumer squeeze → margin pressure → earnings miss risk. The Q1 numbers looked great because they preceded the worst of it. Q2 is where this starts showing up in actual corporate results.