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

[The Duke]

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

Due to EO 13990 and "The Green new Deal". Deal with it.

 

[kyzr]

Nope. Just a credit against owed taxes. Nothing paid out.

Wrong.

https://www.reuters.com/sustainability/climate-energy/biden-pushes-out-over-100-billion-clean-energy-grants-term-winds-down-2024-12-03/

Biden pushes out over $100 billion in clean energy grants as term winds down​

Biden making $20 billion available from 'green bank' for clean energy projects

The Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.

apnews.com

 

[yidnar]

MAGAnomics

MAGAnomics dont kick in until oct 1st 2025 ..

 

[Marener]

Wrong.

https://www.reuters.com/sustainability/climate-energy/biden-pushes-out-over-100-billion-clean-energy-grants-term-winds-down-2024-12-03/

Biden pushes out over $100 billion in clean energy grants as term winds down​

Biden making $20 billion available from 'green bank' for clean energy projects

The Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as residential heat pumps, electric vehicle charging stations and community cooling centers.

apnews.com

That has absolutely nothing to do with the ending of green energy incentives in the budget bill.

Wrong.

 

[Toddsterpatriot]

There were taxpayer paid subsidies for the expensive green energy plants, not tax cuts.
Trump is letting the marketplace decide which power option is the most cost-effective, which leads to the lowest cost.

There were both handouts to utilities to install more expensive, less reliable green
energy capacity as well as tax credits wasted on individual people who installed solar panels on their homes.

Both resulted in giant wastes of taxpayer funds.

 

[Harry Dresden]

Nothing about you not being able to read the article, and simply saying that, makes me a hypocrite.

you did the same thing....

 

[playtime]

All sectors went from 13.11 to 13.77.

' all sectors ' is an f'n average of residential ... commercial ...


RESIDENTIAL customers saw the biggest increase & RESIDENTS are concerned about electric rates for their RESIDENCES. not for business they will visit less frequently due to the increased electricity bills & the tarriffs.

that 1st vertical row is for ... are you listening nostril????

RES-I-DEN-TIAL.

 

[kyzr]

That has absolutely nothing to do with the ending of green energy incentives in the budget bill. Wrong.

You claimed that there were no green subsidies, only tax incentives.

I proved you wrong.

 

[playtime]

dimocrap scum want us to defeat Russia. So we're putting sanctions on Countries that buy Russian oil because the Russians use that money to finance their War of Aggression in Ukraine.

Therefore, we have to supply, we have to make up for what Countries used to get from Russia with our own oil. Which drives the cost of oil up. (When I say 'Oil' LNG is the biggest component for energy prices)

There is no making dimocrap scum happy. Their entire existence is based on misery, complaining, blaming, unhappiness, hatred and being general scumbags.

the dimocrap scum party has nothing. As can be exemplified by the emptiness of the threads started in here by their mentally disturbed cultists.

I'm waiting for a Jonestown type of event because.... That's what Dooms Day Cultists do when their backs are up against a wall.

I'll help mix the Kool Aid

View attachment 1152207

 

[Failzero]

10% ? G-d I wish ( I have PG & E in Shasta County )

 

[playtime]

View attachment 1152372

13.66 in 2021 to 16.48 in 2024.

Over a 20% increase during Biden's term.
I wonder if all the cheap new green energy had anything to do with that?

yep. over 4 years. that would avg 5% a year.

donny's is 10% in < than a year. lol ... do the math.

 

[Failzero]

10% ? G-d I wish ( I have PG & E in Shasta County )

Today 107 ( each summer we have days of 110-118 )

 

[Marener]

You claimed that there were no green subsidies, only tax incentives.

I claimed that the tax credits that were undone in the budget bill weren’t tax expenditures.

You’re trying to change the subject. You didn’t prove me wrong because you’re not addressing what we are talking about.

 

[playtime]

Wasting tax dollars to subsidize less reliable, more expensive green energy just means you've wasted tax dollars to get additional less reliable, more expensive green energy.

Tesla

• Zero federal income tax: Tesla reported zero federal income tax on $2.3 billion of U.S. income in 2024 and only $48 million in current federal tax on $10.8 billion in U.S. income over the past three years (2022-2024). This amounts to a three-year federal tax rate of 0.4%, significantly lower than the statutory corporate tax rate of 21%.
• Tax breaks contributing to low tax rate: This low tax rate was achieved through various tax breaks, including accelerated depreciation, executive stock option deductions, and U.S. tax credits.
• Potential for future tax savings: A bill considered in a previous Congress, if passed, could retroactively reinstate full expensing of research and development expenses, potentially saving Tesla an additional $2.4 billion in taxes.
• State and local incentives: Tesla has also received significant state and local incentives, such as the $330 million tax incentive package approved by Nevada for the expansion of its Gigafactory and construction of a new electric semi-truck factory.

 

[AntonToo]

you did the same thing....

And? You are incoherent.

 

[Toddsterpatriot]

yep. over 4 years. that would avg 5% a year.

donny's is 10% in < than a year. lol ... do the math.

Counting from the cheapest month of the year.

 

[Harry Dresden]

And? You are incoherent.

oh here we go...the name calling...i can do that too...you are a hypocrite....

 

[Toddsterpatriot]

Tesla

• Zero federal income tax: Tesla reported zero federal income tax on $2.3 billion of U.S. income in 2024 and only $48 million in current federal tax on $10.8 billion in U.S. income over the past three years (2022-2024). This amounts to a three-year federal tax rate of 0.4%, significantly lower than the statutory corporate tax rate of 21%.
• Tax breaks contributing to low tax rate: This low tax rate was achieved through various tax breaks, including accelerated depreciation, executive stock option deductions, and U.S. tax credits.
• Potential for future tax savings: A bill considered in a previous Congress, if passed, could retroactively reinstate full expensing of research and development expenses, potentially saving Tesla an additional $2.4 billion in taxes.
• State and local incentives: Tesla has also received significant state and local incentives, such as the $330 million tax incentive package approved by Nevada for the expansion of its Gigafactory and construction of a new electric semi-truck factory.

Tesla reported zero federal income tax on $2.3 billion of U.S. income in 2024 and only $48 million in current federal tax on $10.8 billion in U.S. income over the past three years (2022-2024).

They didn't have $10.8 billion of taxable income between 2022-2024.

This low tax rate was achieved through various tax breaks, including accelerated depreciation, executive stock option deductions, and U.S. tax credits.

Are those expenses subtracted from gross income to calculate taxable income?
Weird.

 

[playtime]

Counting from the cheapest month of the year.

May 14, 2025

U.S. electricity prices continue steady increase​

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, May 2025
Data values: Energy Prices

---

Retail electricity prices have increased faster than the rate of inflation since 2022, and we expect them to continue increasing through 2026, based on forecasts in our Short-Term Energy Outlook. Parts of the country with relatively high electricity prices may experience greater price increases than those with relatively low electricity prices.

Overall, U.S. energy prices rapidly increased from 2020 to 2022 as economic activity recovered after the worst of the pandemic and Russia’s invasion of Ukraine interrupted energy supply chains. Since 2022, nominal prices for many fuels have declined, particularly for those such as gasoline and heating oil that are tied more closely to crude oil prices, which are affected by international markets. Electricity prices, though, have continued a steady increase.

Regions with already high electricity prices may see larger increases​

[...]

U.S. electricity prices continue steady increase - U.S. Energy Information Administration (EIA)

RESIDENTIAL rates are expected to rise 13%-18% in a very short period of time, as yer chosen one often says.

 

[AntonToo]

oh here we go...the name calling...i can do that too...you are a hypocrite....

Not-understandable.

Does that sound nicer to you? Because it means the same thing.

There is nothing hypocritical about me calling you out for not reading the article before posting about it because I had no way of knowing you had no access to it.