SNAPSHOT: Trump’s Energy Crisis Spikes Utility Bills by 16%

Last Updated: 6/2026

Since Trump took office, household electric bills have risen 16% nationally, while residential natural gas prices have increased by 19%between March 2024 and March 2026. Trump’s war of choice in Iran is sending oil, diesel, and jet fuel prices skyrocketing – yet his priority is spending $2 billion in taxpayer dollars to stop homegrown clean energy production that would protect Americans from global oil shocks.

Donald Trump and Congressional Republicans started this energy crisis with their attacks on clean energy projects, and are now accelerating it with their war of choice in Iran. These canceled projects would have produced enough electricity to power the equivalent of 17 million homes. Without them, utility costs have gone through the roof, factories are closing down, and we are more dependent on volatile foreign oil. These actions are also dramatically increasing the pollution of our air and water. 

Nearly 144,000 jobs have already been lost or stalled in the clean energy sector since Trump’s election. With rising energy demand driven by data centers and extreme heat, gutting clean energy is taking critical production offline and raising costs for Americans. 

Since Trump took office, gas and electric utilities have raised or sought to increase bills by more than $95 billion, affecting more than 111.9 million electric utility customers and more than 56 million natural gas customers across 49 states and the District of Columbia.


BY THE NUMBERS: TRUMP’S ENERGY CRISIS.

TRUMP’S ENERGY CRISIS IS DRIVING JOB LOSSES AND UTILITY RATE HIKES
JOBS LOST OR DELAYED143,775 JOBS LOST OR DELAYED
LOST OR DELAYED INVESTMENT$69.26 BILLION
PROJECTS CANCELED, DELAYED, OR LAYING OFF STAFF382 PROJECTS
LOST ELECTRONS34,201 MEGAWATTS
HOMES POWERED BY LOST ELECTRONS17 MILLION HOMES POWERED BY LOST ELECTRONS

TRUMP’S ENERGY CRISIS IS DRIVING JOB LOSSES ACROSS THE U.S.

10 STATES WITH THE MOST CLEAN ENERGY JOBS LOST
STATE# OF PROJECTSJOBS LOST OR DELAYEDINVESTMENTS LOST OR DELAYED
CALIFORNIA372,103$3,320,600,000
NEW YORK289,196$3,900,122,000
TEXAS264,832$5,526,300,000
MICHIGAN247,916$1,193,900,600
MASSACHUSETTS1917,014$8,608,600,000
COLORADO14671$281,070,000
OHIO137,165$1,282,900,000
NORTH CAROLINA1210,135$2,440,500,000
WASHINGTON10466$49,600,000
PENNSYLVANIA101,114$194,500,000
JOB LOSSES BY PROJECT STATUS
PROJECT STATUS# OF PROJECTSJOBS LOST OR DELAYEDINVESTMENTS LOST OR DELAYED
CANCELED9780,731$44,830,800,000
DELAYED3236,050$15,827,422,000
GRANT CANCELED16311,370$7,858,786,600
LAYOFFS9015,604$747,000,000

TRUMP’S ENERGY CRISIS IS HURTING CONGRESSIONAL DISTRICTS REPRESENTED BY REPUBLICANS.

CANCELED PROJECTS BY REPRESENTATIVE PARTY IN THE U.S. HOUSE
REPRESENTATIVE PARTY# OF PROJECTSJOBS LOST OR DELAYEDINVESTMENTS LOST OR DELAYEDGENERATION LOSSES OR DELAYS (MW)TOTAL HOMES POWERED BY LOST GENERATION
REPUBLICAN5233,091$20,054,400,00014,5137,662,605
NOT CD SPECIFIC1911,906$9,821,000,00013,3545,730,266
DEMOCRAT2635,734$14,955,400,0006,3343,680,000
PROJECT STATUS BREAKDOWN BY PARTY
STATUSPARTYIMPACTED PROJECTSJOB LOSSES OR DELAYSINVESTMENT LOSSES OR DELAYS
CANCELEDDEMOCRAT2635,734$14,955,400,000
NO CD1911,906$9,821,000,000
REPUBLICAN5233,091$20,054,400,000
DELAYEDDEMOCRAT97,565$1,264,522,000
NO CD57,170$2,404,000,000
REPUBLICAN1821,315$12,158,900,000
GRANT CANCELLATIONDEMOCRAT732,428$2,623,670,000
NO CD334,091$1,940,916,000
REPUBLICAN574,851$3,294,200,600
LAYOFFSDEMOCRAT434,781$147,000,000
NO CD214,143
REPUBLICAN266,680$600,000,000

TRUMP’S ENERGY CRISIS IS RESPONSIBLE FOR JOB LOSSES ACROSS THE ENERGY SECTOR.

CANCELED OR DELAYED PROJECTS BY SECTOR
SECTOR# OF PROJECTSJOBS LOST OR DELAYEDINVESTMENTS LOST OR DELAYED
BATTERY5327,203$17,059,400,000
CARBON CAPTURE30346$1,382,330,000
CLEAN TECHNOLOGY7712,023$9,935,456,000
ELECTRIC VEHICLES5927,219$7,987,222,600
GRID AND TRANSMISSION182,209$1,922,100,000
HYDROGEN5310,080$9,116,600,000
SOLAR6131,615$7,658,700,000
WIND3133,060$14,202,200,000

TRUMP’S ENERGY CRISIS IS REDUCING ENERGY SUPPLY.

CANCELED OR DELAYED GENERATION PROJECTS
SECTORLOST GENERATION (MEGAWATTS)HOMES POWERED BY LOST GENERATION CAPACITY
BATTERY977.50576,845.00
CLEAN TECHNOLOGY150.00121,000.00
SOLAR1,895.50342,373.00
WIND31,178.0016,032,653.00

HEADLINES: TRUMP ACCELERATED THE ENERGY CRISIS.

GAS PRICES ARE SOARING BECAUSE OF TRUMP’S MILITARY ACTIONS IN IRAN

TRUMP’S MILITARY ACTION IN IRAN IS RAISING GAS PRICES
NATIONAL AVERAGE GAS PRICE (6/2)$4.24
CHANGE IN NATIONAL AVERAGE GAS PRICE SINCE 2/28$1.27
PERCENT CHANGE IN NATIONAL AVERAGE GAS PRICE SINCE 2/2843%

TRUMP’S ENERGY CRISIS IS SENDING ENERGY BILLS SOARING.

Household electric bills have increased by more than 16% nationally since Trump took office. From March 2024 to March 2026, residential natural gas prices rose 19%, and the cost of natural gas for power generation rose about 42%.

Newly released data from the Center for American Progress, the Natural Resources Defense Council, and Climate Power reveal the breadth of rising utility costs nationwide. Since Trump took office, gas and electric utilities have raised or sought to increase bills by more than $95 billion, affecting more than 111.9 million electric utility customers and more than 56 million natural gas customers across 49 states and the District of Columbia.

15 STATES WITH HIGHEST ANNUAL UTILITY BILL INCREASES
STATEUTILITY PROVIDERANNUAL COST INCREASE
MassachusettsEversource Gas Company of Massachusetts (Eversource)1$582.48
New YorkConsolidated Edison2$481.56
WashingtonPuget Sound Energy2$437.52
Rhode IslandThe Narragansett Electric Co (Rhode Island Energy)2$432.96
WyomingBlack Hills Power Wyoming$391.08
PennsylvaniaWellsboro Electric$363.36
CaliforniaImperial Irrigation District$357.72
New JerseyOrange and Rockland Utilities$351.12
North CarolinaDuke Energy Progress2$343.92
New MexicoEl Paso Electric3$335.52
WisconsinXcel Energy4$320.64
IndianaCenterPoint Energy (Southern Indiana Gas and Electric)5$312.00
South DakotaBlack Hills Power South Dakota$301.56
OklahomaPublic Service Company of Oklahoma$300.00
VirginiaTown of Bedford$300.00

1 Cost increase compared to winter 2024-2025. 

2 Total increase by 2028.

3 For a residential customer using 500 kWh per month during the winter after two phase-ins.

4 Total increase by 2027.

5 Total increase after all phase-ins.

METHODOLOGY

The Clean Energy Business Impact Tracker tracks clean energy projects or companies that the press has identified as delayed or canceled since Trump’s inauguration. This tracker will only include projects where a private company can be identified as the lead investor. The tracker will list:

The tracker will list the following information on clean energy projects:

The tracker will also include, where applicable, the lost power generation from canceled or delayed projects in megawatts, and a calculation of the number of homes the project could power. If news coverage of a project includes the estimated number of homes it could power, that number will be used. The calculation for expected homes powered by the generation facility assumes:

This tracker is updated on a weekly basis and is current through June 1, 2026.