NEW: Trump’s Reckless Energy Policies Are Driving Up Costs and Leaving Families in the Cold 

New report from Climate Power shows that Trump’s war on clean energy has hiked up utility costs 13% and canceled or stalled 165,531 clean energy jobs 

Elections in 2025 have sent a clear message that energy affordability is a defining issue for voters

Washington, DC – A new report from Climate Power shows that Trump’s reckless energy policies have threatened or canceled 324 clean energy projects or companies, stalling $53.05 billion in clean energy investment and putting 165,531 clean energy jobs on the chopping block. As record cold sets in across the country, these projects would have generated enough electricity to power 13 million homes. Instead, American families are facing higher utility bills and delayed heating assistance thanks to Trump and Republicans. 

This week, Trump visited Pennsylvania in a desperate attempt to deflect blame for the affordability crisis that he created — when he wasn’t mocking it as a “hoax” — but Democratic victories this year show that voters aren’t buying his spin. According to the Energy Information Administration, household electricity prices have increased by 13% since Trump took office. These new findings from Climate Power confirm that as utility costs continue to climb, energy affordability will be a political liability for Republicans in 2026. 

“What consumers are seeing from their electric bills and what homeowners are seeing from their insurance bills are stories that we very much need to be telling.  In both cases, what you are seeing is consumer costs dramatically increasing and increasing on purpose because of Trump Administration decisions,” said Senator Sheldon Whitehouse (RI), Ranking Member of the Senate Environment and Public Works Committee. “One, to pull clean power off the grid and force consumer money to go to polluting power plants owned by Trump’s big donors.  The second is those homeowners’ insurance bills, which are coming through hugely hiked. That is the price of Republican climate denial.”

“After last month’s disastrous election results, Trump and Republicans should be seeing warning signs everywhere they look. Instead, Trump is gaslighting American voters with his claim that costs are ‘coming down’ and the affordability crisis is a ‘hoax,’” said Climate Power Senior Advisor Jesse Lee. “The truth is, Trump and Republicans are making life more expensive by taking energy options off the grid while demand skyrockets. We’re going to make sure that every Republican who rubber-stamps Trump’s anti-energy agenda pays the political price in 2026.” 

The report findings include: 

• Since Trump took office, household electric bills have gone up 13% nationally and 7% year-over-year. Residential natural gas prices are up 98% since Trump took office and 8% year-over-year. Prices are poised to spike even further. In July 2025, the Trump administration and congressional Republicans pushed through a GOP budget bill that’s driving up utility costs and destroying jobs by removing cheaper, cleaner energy sources from the grid, all while funding new tax breaks for the oil and gas industries. 

• Donald Trump and Republicans are accelerating their self-inflicted energy crisis with continued project cancellations — projects that would have produced enough power for the equivalent of 13 million homes — sending utility costs through the roof, closing down factories, and making us more dependent on foreign oil. These actions are also dramatically increasing the pollution of our air and water. 

• Over 165,531 jobs have already been lost or stalled in the clean energy sector since Trump’s election. With rising energy demand driven by data centers and extreme heat, gutting clean energy is already taking critical production offline and placing the cost burden on consumers. 

• Since Trump took office, gas and electric utilities have raised or sought to increase bills by more than $85 billion. Americans in 49 states are already facing rising utility costs.

• Trump’s war on clean energy is impacting both red and blue states across the country. 46% of impacted funding is in districts represented by Republicans.