5 Ways Trump’s Energy Policies Could Impact Your Monthly Budget

During his presidential campaign throughout 2024, then-candidate Donald Trump promised to cut American energy and electricity costs in half by the beginning of 2026. A recent report from The Guardian, however, has found that American electricity bills have actually increased during President Trump’s second administration — and have risen by 11% since January 2025. That figure of 11% comes from the U.S Energy Information Administration (EIA), which has found that President Trump’s efforts to return to fossil fuels is actually increasing energy costs, rather than lowering them. Further, the president’s rejection of inexpensive power generation, such as solar and wind,…

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