Heinrich Says Trump Renewable Blocks Could Raise Utility Bills by $85 a Year
Updated
Updated · Senator Martin Heinrich · Jul 9
Heinrich Says Trump Renewable Blocks Could Raise Utility Bills by $85 a Year
1 articles · Updated · Senator Martin Heinrich · Jul 9
Summary
$85 a year in higher household utility bills could result if the Trump administration keeps constraining renewable energy deployment, according to a fact sheet released by Senator Martin Heinrich.
Heinrich said blocking new wind and solar projects would make it harder to meet rising electricity demand, even though renewables are cheaper and faster to build than many alternatives.
$11.6 billion in added economy-wide electricity costs would hit annually from 2027 through 2033 under that scenario, the fact sheet said.
More than 90% of planned new power-generation capacity could be kept from coming online in the next several years if the administration's restrictions continue.