You keep claiming the cost of generating electricity is falling and that may be so but and it's a big but, it's not being passed on to the consumer.
It has to be passed on to the consumer. Every power company in the U.S. is regulated, and all the regulators insist on this.
Pretty obvious you don't pay the monthly electric bill.
I do. I quote my annual cost in my latest paper and lecture. (Okay, okay, my wife pays it, but I keep a spreadsheet.) Quoting myself:
ENERGY
Average residential energy costs are:
$115/month electricity, $1,380/year
Natural gas costs ~$100/month gas, $1,200/year. Much of this is used for space heating.
Electricity and gas total: $2,580/year. (Incidentally, this is close to what we pay at our house in Atlanta, Georgia. Electricity $1,164, natural gas $1,333.)
Now we pay more for the generation based on oil prices and for infustructure of your renewables.
Who is we? Where did you find this information? The data from the electric power industry, the EIA and all other sources I know of shows the cost of electricity has been falling steadily. Actually, it has been falling since the 1890s. I mean in constant dollars, counting inflation. From 1960 to 2011 it has fallen from 14.0 cents to 10.4 cents per kilowatt hour. It did reach lower points in 1979 and 1999, but the overall trend has been consistently down:
U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
1979 and 1999 low prices were probably caused by economic downturns and high inflation. (These are inflation adjusted numbers.) It probably reached another low point in 2020, because the economic crisis.
Since the year 2000, the price of residential retail electricity has not changed:
During 2021, U.S. retail electricity prices rose at fastest rate since 2008
Oil is not used to generate electricity anywhere in the U.S. except Hawaii. It was phased out in the 1970s. Oil has no effect on the cost of electricity. It is not interchangeable with natural gas, which does affect electricity costs. See:
Electricity in the U.S. - U.S. Energy Information Administration (EIA)
"Petroleum was the source of less than 1% of U.S. electricity generation in 2021."