India, July 7 -- US President Donald Trump's campaign-trail pledge to cut Americans' electricity bills in half is colliding with an inconvenient reality: a new analysis finds his energy policies are set to raise, not lower, household costs by more than half a trillion dollars over the next decade and a half.
The report, published by the clean energy research firm Energy Innovation, concludes that the cumulative effect of the administration's rollback of renewable energy incentives, combined with a historic surge in electricity demand driven by artificial intelligence, will add roughly $460 to the average household's energy costs by 2035, rising to as much as $490 by 2040. Nationwide, the analysis estimates the policies will cost American h...