Trump’s tariffs and green energy rollback drive home electricity bills up 10% | Energy industry

Since household electricity bills increased by 10% Donald Trump A new report found that reentering the White House, its authors highlighted the impact of the president’s data center facilitation and cut clean energy projects as part of the cause.

The analysis is because U.S. Energy Secretary Chris Wright said he knew the rise in energy prices could be a political challenge for the Republican Party before next year’s midterm elections, but claimed that Democrats should blame the rising costs.

“The momentum of Obama-Biden’s policy, to be sure, is that the destruction will continue in the coming years,” he said. Telling Politico in an interview posted on Tuesday. “This momentum is raising prices immediately. Who will blame for this? Because we are in the office, we will be blamed.”

Trump repeatedly agreed Lower utility bills. Wright insisted in his political interview that the Trump administration’s war on renewable energy has not inflated the cost of electricity.

But research has found that Trump’s physical fuel, anti-renewable energy policy, will raise prices. one July report For example, from energy innovations with climate intelligence convergence, the large, huge wholesale prices signed by the president last month rose by 74%, largely due to its wholesale prices Abolish many Biden-era green energy incentives.

According to a new report by advocacy group climate force, the report is based on Data from U.S. Energy Information Managementthese price increases have begun to be realized.

“Republicans are exacerbating the energy crisis and hike rates on large-scale utility bills for Americans across the country,” said Jesse Lee, senior adviser to the Climate Force. “It’s nothing more than a betrayal of their own voters. Families are losing their jobs and their bills are climbing because Republicans would rather protect donors than lower costs.”

this Average price of household energy Climate power was found to increase by about 10% from 15.95 cents per kilowatt-hour in January 2025 to 17.47 cents per kilowatt-hour in May 2025. During the same period, household gasoline prices rose by 56%.

Electricity prices in May 2025 were 6% higher than the same month last year, while gasoline prices rose by 8% during the same period.

Some areas are more costly. In New Jersey, interest rates Soaring 20% in June.

The guardian has contacted the Department of Energy for comment.

The reason for the increase is Trump’s new tariffsand his weakening of cheap renewable energy sources such as wind and solar. Rising energy demand driven by data centers AI – Trump has Promotion The report said that temperatures rise in the climate crisis, as did federal officials and played a role. contribute and their relaxation policies.

Climate Forces said recent anti-environment from government threats to raise prices further. Last week, for example, the Treasury Department issued decades of standards on how renewable energy projects are eligible for cost-reducing credit, which could threaten the feasibility of many clean energy developments.

Although the president promised to boost job growth, these policies also reduced jobs, the new report found that 64,000 jobs in the renewable energy sector have been cut or suspended since his election.

“The company canceled, delayed or fired employees in 123 energy projects in 33 states, accounting for $33.87 billion of investment losses,” the report said.

“Families are cutting bills while losing their jobs, all because Republicans would rather protect donors than lower costs,” Lee said. “This report details how severe the bill is for Americans – we will make sure they know who should blame who when they open higher utility bills this month.”