Workers at the US Department of Energy say cuts and deregulations are undermining the ability for the department to function and will result in significant energy cost hikes for consumers.
Donald Trump’s “big, beautiful bill” will raise energy costs for American households by as much as 7% in 2035 due to the repeal of energy tax credits and could put significant investment and energy innovation at risk, according to a report by the Rhodium Group. The non-partisan thinktank Energy Innovation calculated the average US household will see its utility bills rise by over $230 by 2035 as a result of cuts to renewable energy investments.
