From Our President: Saving You Money for Years to Come
In New York state, where I moved last year to be near CR’s Yonkers headquarters, electricity costs an average of about 30 cents per kilowatt-hour, up 14 percent since last year. That’s among the highest rates in the U.S. But of course, most American budgets are feeling that squeeze—and the consulting firm ICF projects that U.S. electricity prices will jump an additional 15 to 40 percent in the next five years.
It’s hard to keep these ballooning bills in check. Rising electricity prices are caused by factors beyond your control, including our aging power grid, growing demand from AI data centers, and decisions made by utility companies far from public view. That’s why CR is gathering consumer voices to urge developers and utilities to make meaningful commitments—to being transparent about the costs and the impact of data centers, to paying their fair share for new infrastructure, and to investing in a more affordable and resilient electricity grid for all.
While we work on these broader changes, we’re also offering help on controlling your budget right now. Our exclusive product ratings—firmly grounded in science, rigor, and independence—are a fast track to finding real values amid endless choices and confusing (and sometimes misleading) marketing claims. So when we tell you, for example, that a particular Midea dishwasher will work better, last longer, and save money by running more efficiently than competing products, you know we have your interests in mind. And we’re always finding more ways to save, from cutting cable and streaming bills to steering you away from popular but overhyped cars.
We’ll keep pushing for a fairer and more affordable energy future—while guiding you through the decisions that affect your finances every day.
Editor’s Note: This article also appeared in the July/August 2026 issue of Consumer Reports magazine.