Household electricity bills have increased by 10% since Donald Trump re-entered the White House

[playtime]

Passing the buck

 

[Toddsterpatriot]

Passing the buck

We generate basically zero electricity from oil.

 

[Stuartbirdan2]

According to the so-called 'economists', tariffs were supposed to have crashed the economy, greatly escalated inflation, and swelled the deficit by now. None of that has happened. No only have billions and billions been pouring in to the U.S. treasury, but one by one trade deals are putting America on an equal and profitable footing with countries that have been exploiting us and taking advantage of us for many years.

No longer is America the world's patsy to give them free security, unfair (to us) trade, be their sugar daddy.

Montel | Blog - The Correlation Between Energy Prices and Inflation

When energy costs rise, inflation rates often follow, creating a ripple effect throughout the economy.

montel.energy

 

[RoshawnMarkwees]

Trump is as unpopular on inflation as Biden was in 2022

The president’s approval rating on prices and the economy is approaching Joe Biden’s low point during peak inflation

www.gelliottmorris.com

Don’t crush that dwarf, hand me the pliers.

 

[Stuartbirdan2]

We generate basically zero electricity from oil.

Montel | Blog - The Correlation Between Energy Prices and Inflation

When energy costs rise, inflation rates often follow, creating a ripple effect throughout the economy.

montel.energy

 

[Stuartbirdan2]

We generate basically zero electricity from oil.

Link?

 

[Foxfyre]

Household electricity bills have already shot up nearly 10% since Trump took office, and a study by Climate Power and Energy Innovation warns they could climb even higher if his policies keep gutting clean energy.
When Trump takes money away from clean energy, it means fewer wind turbines, solar panels, and energy-saving programs get built. That makes us keep using more expensive old stuff, like coal and gas, which cost more to run when fuel prices go up. With less cheap clean energy in the mix, power companies have to charge you more for the electricity coming into your house...so your bill gets bigger.

#MAGA

Trump tariffs and green energy rollbacks push household electricity bills up 10%

US energy secretary said energy prices could hurt GOP in midterms, but blamed Democrats for price increases

www.theguardian.com

Electricity bills at our house are almost double what they were before Biden took office. He had four years to screw everything up. Trump can be forgiven if it takes him more than eight months to fix that.

 

[RoshawnMarkwees]

Montel | Blog - The Correlation Between Energy Prices and Inflation

When energy costs rise, inflation rates often follow, creating a ripple effect throughout the economy.

montel.energy

When energy costs rise, the cost of all production follows. Inflation comes from money printing.

 

[Stuartbirdan2]

We generate basically zero electricity from oil.

Exploring the Connection Between Energy Costs, Inflationary Pressures, and Economic Ripple Effects
When energy costs increase, inflation rates often follow suit, and vice versa. But how do inflation and energy costs impact each other, and how can this create a ripple effect across the economy?

Natural Gas
When industrial demand for natural gas increases, it can also impact residential consumers. In 2021, natural gas consumption reached its highest level since 1985, coinciding with a colder spring that strained residential heating needs. As businesses returned to pre-pandemic conditions, commercial demand also surged.

Liquefied Natural Gas Transport
Global demand increases can pressure the European liquefied natural gas (LNG) logistics industry, which transports LNG worldwide. In 2021, extreme freezing in Texas and droughts in South America, which reduced hydropower output, led to LNG supplies being diverted from residential consumers as heatwaves increased cooling requirements.

Crude Oil
When fossil fuel prices, like crude oil, increase, they can impact inflation. In the 1970s, inflation rose with the price of oil. While oil's influence on inflation remains, reliance on oil is lower today, reducing its potential impact compared to the 1970s.

Renewables
Renewable energy has slightly mitigated oil's influence on inflation as alternatives to fossil fuels are available. However, experts note that potentially expensive renewable energy could revive energy prices' impact on inflation.

The Ripple Effect: Cost of Living Crisis
Energy prices have been a significant topic in the UK recently, with rising costs contributing to the cost of living crisis. The UK government's Public Opinions and Social Trends bulletin revealed that of the 49% of adults reporting an increased cost of living, 81% cited rising gas or electricity bills. As a result, 44% of adults in Great Britain are using less fuel, such as gas or electricity, in their homes due to rising living costs.

 

[Stuartbirdan2]

When energy costs rise, the cost of all production follows. Inflation comes from money printing.

The big beautiful bill

 

[Toddsterpatriot]

from AI right from the top of my link ...


Factors affecting electricity tariffs

• Cost of Generation: This includes the expenses associated with building, operating, and maintaining power plants.
• Transmission and Distribution Costs: The cost of delivering electricity to consumers through power lines and substations.
• Government Policies and Regulations: These can include tariffs on imported materials or energy sources, and policies that impact the development of different types of power generation.

Utility-defined tariffs (electricity rates):

• Vary by time of day and usage:
  Many utilities have "time-of-use tariffs" where rates differ depending on the time of day or the amount of electricity a customer consumes.
  
  
• Fixed or flat rates:
  Some tariffs are flat, meaning the price per kilowatt-hour (kWh) remains constant regardless of when it's used.
  
  
• Tiered tariffs:
  Other tariffs have multiple price tiers, with the cost per unit changing as consumption increases.
• Regulatory approval:
  Utility tariffs, which outline the rates, terms, and conditions for service, must be approved by government regulatory bodies before they take effect.
  
  
  
  
  
  Tariffs, how a utility calculates their rates.
  
  Different than a tariff on an import.
  
  
  
  
  

 

[RoshawnMarkwees]

When energy costs rise, the cost of all production follows. Inflation comes from money printing.

And Biden did both.

 

[Stuartbirdan2]

Electricity bills at our house are almost double what they were before Biden took office. He had four years to screw everything up. Trump can be forgiven if it takes him more than eight months to fix that.

The sun is in his eyes

 

[Stuartbirdan2]

And Biden did both.

The big beautiful bill

 

[RoshawnMarkwees]

The big beautiful bill

Biden policy. Stifling future fossil fuel while printing $1400 weekly Covid checks.
Energy stifling and money printing.

 

[Stuartbirdan2]

Electricity bills at our house are almost double what they were before Biden took office. He had four years to screw everything up. Trump can be forgiven if it takes him more than eight months to fix that.

Excuses

 

[Toddsterpatriot]

Link?

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)

www.eia.gov

 

[Stuartbirdan2]

Biden policy. Stifling future fossil fuel while printing $1400 weekly Covid checks.
Energy stifling and money printing.

Under both Trump and Biden-Harris, US oil and gas production surged to record highs, despite very different energy goals

Trump aggressively supported fossil fuels. The Biden-Harris administration focused on replacing them with clean energy. Yet, data show the US oil and gas industries still thrived under both.

theconversation.com

 

[Stuartbirdan2]

View attachment 1152457

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)

www.eia.gov

What is U.S. electricity generation by energy source?
In 2023, about 4,178 billion kilowatthours (kWh) (or about 4.18 trillion kWh) of electricity were generated at utility-scale electricity generation facilities in the United States.1 About 60% of this electricity generation was from fossil fuels—coal, natural gas, petroleum, and other gases. About 19% was from nuclear energy, and about 21% was from renewable energy sources.

The U.S. Energy Information Administration estimates that an additional 73.62 billion kWh of electricity generation was from small-scale solar photovoltaic systems in 2023.2

 

[RoshawnMarkwees]

Under both Trump and Biden-Harris, US oil and gas production surged to record highs, despite very different energy goals

Trump aggressively supported fossil fuels. The Biden-Harris administration focused on replacing them with clean energy. Yet, data show the US oil and gas industries still thrived under both.

theconversation.com

Prices go up under threat of restriction. Basic economic shit.
Democrats restrict future supply of fossil fuel. Obama and Biden consecutively.