Study finds Trump energy push could raise electric bills

1 min read
Source: CNN
Study finds Trump energy push could raise electric bills
Photo: CNN
TL;DR Summary

A new Energy Innovation analysis argues Trump’s push to roll back renewables and expand fossil fuels would raise, not lower, U.S. electricity bills, predicting households will pay about $460 more by 2035 and up to $490 more by 2040, with total costs exceeding half a trillion dollars by 2040. The report cites ending clean-energy tax credits, slower adoption of EVs, a longer life for coal plants, and rising grid costs driven by data-center demand; it also warns solar deployment will stall after 2030 without renewed incentives.

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