Meet the Rate Raisers

These Rate Raisers support the Trump administration’s reckless fossil-fuel-only energy policies. Here’s what that means for you:  

1. By 2035, U.S. consumers are projected to spend up to an extra $30 billion a year on electricity under Trump’s policies, with household electricity bills increasing up to 25 percent in certain parts of the country.   

2. Trump’s energy agenda could result in up to $700 billion in lost investment in the U.S. power system over the next decade.  

3. The country could lose between 390 and 540 gigawatts of new wind, solar, and energy storage power plants over the next decade, enough to power roughly 290 million homes for a year—requiring the U.S. power grid to keep more expensive, aging coal, gas, and oil plants online instead to meet growing power needs.   

4. Increased air pollution due to these policies could result in up to 69,000 additional early deaths and 85,000 extra emergency room visits and hospital admissions. This could increase health-care spending by up to $1.7 billion per year, adding further pressure on already high health-care insurance premiums for American households.   

5. Power sector carbon dioxide emissions could be twice as high by 2035. In total, the United States is projected to emit an additional 3.6 to 5.5 billion metric tons economy-wide over the next decade due to Trump’s agenda, with more than half of this extra climate pollution coming from the power sector.  

   
   

Domestic, renewable energy is the cheapest and fastest-to-deploy form of electricity generation in the United States today, but Trump and his pro-polluter allies on Capitol Hill are using the full power of the federal government to prop up aging, expensive fossil fuel infrastructure that market forces were already in the process of phasing out. And he’s doing so at our expense. These policies leave American households increasingly vulnerable to the growing affordability crisis.