Rising power prices become political problem for Trump and are becoming a political liability for Republicans as electricity costs outpace inflation.The Hill Rachel Frazin - 09/05/25 Rising power prices are becoming a political liability for Republicans as electricity costs outpace inflation.A recent Consumer Price Index report found electricity prices were rising at double the rate of inflation, having increased 5.5 percent over the past year. And the general public may be starting to take notice “In the last couple of years, different items that have gone up in price have become media concerns. They become very visible, people get very angry — and I think electric rates are heading in that direction,” said Mark Wolfe, executive director of the National Energy Assistance Directors’ Association. Wolfe said that if rates continue to rise, “it’ll become a political issue.” The Trump administration is already seeing it as one — and trying to put the blame on Democrats and renewable energy. “That is a key challenge for us,” Energy Secretary Chris Wright told Fox Business Network’s “Mornings with Maria” when asked about utility bills this week. Wright, in a recent interview with Politico, similarly blamed “the momentum of the Obama-Biden policies.” However
Rising Power Prices are becoming a Political Liability for Republicans
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While on the campaign trail, Trump promised to bring down electricity prices.“Under my leadership, the United States will commit to the ambitious goal of slashing energy and electricity prices by half, at least,” he said at a rally last year. “We intend to slash prices by half within 12 months, at a maximum 18 months.”Democrats are beginning to weaponize the issue against Republicans, especially after they repealed subsidies for wind and solar energy.“The big, ugly bill is going to mean a lot of big, ugly energy bills arriving in the mail for Americans around the country,” Sen. Ed Markey (D-Mass.) said last month. Experts say a buildout of renewables would help bring down prices, but the impacts of Trump’s moves are not being felt yet. “Residential retail electricity prices are set with basically a lag,” Massachusetts Institute of Technology professor Christopher Knittel recently told The Hill. “Trump’s effects on the rate changes won’t take place until after the midterms.” But they also note some of this administration’s policies, including those that attack renewable energy, are expected to exacerbate the issue in the future. “It’s less power capacity being built, and then that means that there’s gonna be less supply of power and the same demand, so prices will be higher,” Thomas Rowlands-Rees, head of North America Research at BloombergNEF, said when asked about the repeal of renewable energy tax credits. However, Knittel said blue-state policies that require a transition to renewable energy may also be contributing to the problem.“Renewable policies in some of the blue states have put upward pressure on prices,” he said.......read on https://thehill.com/policy/ energy-environment/5484941- power-bills-trump-gop- electricity-cost-inflation/