Last year on the campaign trail, President Trump repeatedly promised to “slash energy and electricity prices by half within 12 months.” But actions speak louder than words. Since returning to office in January, the Trump administration has instead done everything it possibly can to drive up the cost of electricity. What is going on?

The damage starts with Trump’s attempts to prevent any new clean energy generation at a time when electricity demand is growing rapidly, caused by an explosion of new data centers and new housing, the expanding fleet of electric vehicles and a resurgence in American manufacturing. The U.S. needs more energy than ever, and 96% of electricity capacity added to the U.S. grid in 2024 came from clean energy. Why? Because clean energy is both the cheapest source of electricity and the fastest to produce. If we don’t rethink our energy future quickly enough to keep up with a growth in demand, then electricity prices will only continue to rise.

Then again, maybe the recent price spikes are part of Trump’s goals, because he’s done everything he can do to block new clean energy, including:

• Raising taxes on clean energy projects by at least 30% when Trump had all the renewable energy tax credits removed from his “One Big Beautiful Bill.”
• Blocking clean energy projects on federal lands, effectively creating a bureaucratic veto by requiring Secretary of the Interior Doug Burgum to personally sign off on permitting for every proposed clean energy project.
• Issuing “stop work” orders (with no significant justification) for two offshore wind projects that were fully approved and permitted — and, in one case, where construction was already 80% complete. This not only drives up the cost of constructing new electricity resources; it also creates a business climate in which no sane company would risk investing in new projects that may be torpedoed by an arbitrary and capricious federal government simply because the President thinks wind turbines mar his view.
• Canceling a Department of Energy loan commitment for the Grain Belt Express, a major transmission project designed to carry low-cost wind and solar energy from the Great Plains to Illinois and other eastern U.S. states where electricity prices have risen rapidly. This deprives those states of new energy and undermines the ability of Great Plains states to harness natural resources and grow their economies as energy exporters.
• Gutting federal agencies, such as the Department of Energy’s Loan Programs Office, which helps finance big energy projects, especially for innovative new technologies such as geothermal and new nuclear. Without government support for first-of-their-kind projects, these initiatives simply won’t happen and promising new energy technology will be delayed for years.

It’s not just the cost of building clean energy development that Trump has sabotaged. His high and ever-changing tariffs have also scrambled supply chains and raised prices for all types of energy. New tariffs, for example, have raised the cost of steel by up to 50%, which affects the cost of pipes needed for natural gas plants as well as towers for wind turbines and racks for solar panels. Every single kind of new electricity generation is now more expensive, and those higher material costs create higher prices for electricity on our utility bills.

Trump has also raised costs of existing energy resources, including supporting the oil industry’s efforts to dramatically increase U.S. exports of natural gas. This will reduce the supply available for heating homes and running power plants in America, raising prices on electricity bills and gas bills at once. Trump has also used emergency powers to force less-than-profitable coal plants to stay open, saddling customers with the extra costs to subsidize these old plants. In one instance, it cost locals $29 million to keep the J.H. Campbell plant in West Olive, Mich., open for just five weeks of extended operations. Analysts now estimate that Trump’s push to keep coal plants open could add between $3 billion and $6 billion per year to our electricity bills.

Is this sheer economic incompetence — not difficult to fathom given the rate at which Trump has driven businesses into bankruptcy — or part of his strategy to deliberately make electricity more expensive so people won’t switch to EVs and the oil industry won’t lose its customers?

Either way, electricity prices are already rising and Trump’s actions are clearly making it worse. Doubtless, Republicans will try to point the finger at renewable energy when electricity prices spike over coming years, but the real causes should be clear: Trump’s reckless decisions to block new clean energy production, raise tariffs on the energy supply chain, export our natural gas and force customers to subsidize struggling coal plants.

Americans need abundant, affordable energy to power our homes and grow our economy, and we need leaders who know how to support the clean energy revolution, not try to stand in its way.

Josh Becker is a Democratic state senator from Menlo Park and chair of the California Senate Committee on Energy, Utilities and Communications.