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Trump promised to cut electric bills in half. His energy policy is doing the opposite
Ella Nilsen, CNN / Tue, July 7, 2026 at 9:30 AM GMT-5
A sudden electricity crunch in the US, driven by artificial intelligence, is colliding headlong with the Trump administration's attacks on wind and solar. President Donald Trump has presented his anti-renewable stance as a way to cut energy costs — but a
new analysis suggests limiting energy development at a time of high demand will result in Americans paying even more for power.
The new report from clean energy think tank Energy Innovation suggests higher energy bills will continue for the next decade, tied directly to Trump's policies. It comes as energy affordability is emerging as a key issue in this year's midterm elections.
A year ago, Republicans in Congress killed a
clean energy law that had contained billions in subsidies for renewables, electric vehicles, rooftop solar and household batteries. The administration has made it harder to permit clean energy projects and has tipped the scales in favor of more expensive coal-fired power. And Trump's government has waged a largely successful onslaught against the budding electric vehicle market in the US.
On the campaign trail,
Trump vowed to cut electricity bills in half in his first year in office. But the collective impact of the administration's actions will raise costs on American households by more than half a trillion dollars by 2040, Energy Innovation found. On average, individual households will pay $460 more for their energy costs by 2035, and up to $490 more per household by 2040.
The White House does not consider Energy Innovation's report to be fair and non-partisan, White House spokesperson Taylor Rogers said.
But clean energy analysts say Trump policy is driving cost increases. "It is materially impacting Americans' pocketbooks in a negative sense," said Sam Ricketts, co-founder of clean energy consulting firm S2 Strategies. "We cannot overlook that it is the wrong direction. We need to change course."
American’s are paying more for power as the Trump administration’s attacks on renewable energy collide with increased energy demand.
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