Key Facts
Residential electricity bills have increased by almost 10% since President Donald Trump was sworn in for his second term as president, according to data from the
Energy Information Administration, rising from 15.95 cents per kilowatthour in January to 17.47 cents in May, the latest data available.
The cost of electricity has risen 5.5% over the last 12 months, according to the latest
consumer price index data, almost twice as much as the overall cost of living (up 2.7%).
Trump has repeatedly promised to lower utility bills, but
multiple reports released this summer blame his moves imposing new tariffs, cutting clean energy sources and supporting the expansion of data centers as reasons for the spikes in price.
Electric Power Monthly - U.S. Energy Information Administration (EIA)