Chamath @ 01:00:36Inconclusive
economyclimate
Average U.S. retail electricity prices will increase by roughly another 40% between 2022 and 2030, such that by 2030 the cost of electricity for the average American will be about double what it was in 2010.
The point in the United States, just to be very blunt, is that the cost of electricity has gone up by 46% in the last decade. It will go up by another 40 odd percent through 2030. So between 2010 and 2030, the cost of electricity for every single American will have effectively doubledView on YouTube
Explanation
Chamath predicted that by 2030 the average U.S. cost of electricity would be about double its 2010 level (roughly a 100% nominal increase). In 2010, the average U.S. residential retail electricity price was about 11.5¢/kWh; by 2024 it was about 16.5¢/kWh (~43% above 2010), and early‑2025 data put average retail prices around 18¢/kWh (~57% above 2010), well short of a doubling so far. (eia.gov) However, the target year of the forecast is 2030, which has not occurred as of November 30, 2025, and official projections only provide a range of possible future price paths rather than a settled outcome. (latitudemedia.com) Therefore it is too early to determine whether prices in 2030 will end up roughly double those in 2010.