Electricity prices in the United States are already increasing. According to the Energy Information Administration (EIA), average U.S. residential electricity prices in 2014 increased 3.1 percent over 2013 prices--the highest of any year since 2008 when prices rose 5.7 percent.[ii] This price increase is because electric utilities are forced to use more renewable energy and invest in energy efficiency and grid improvements. And, if President Obama has his way, this trend will continue.