"Electricity Costs Keep Climbing, Despite Trump’s Promises"

"Analysts predict higher prices under Trump policies that slash federal support for clean energy."

"On the campaign trail, President Donald Trump vowed to cut energy costs in half.

So far, that’s not coming true. And estimates say that his policies could only make things worse.

This week, the U.S. Energy Information Administration projected that retail electricity prices are expected to continue a rapid rise this year, with the average price increasing 13 percent from 2022 to 2025. Between 2013 and 2023, the agency said, electricity prices had tracked with inflation but are now expected to rise faster than inflation through 2026."

Jason Plautz reports for E&E News May 16, 2025.

 

Source: E&E News, 05/20/2025