Energy bills for U.S. households will go up an average of $6,500, with these states paying even more
Households in the contiguous United States will pay thousands of dollars more for energy through 2040 because of federal policy changes since President Donald Trump returned to office, according to modeling released Friday by a nonpartisan think tank.The Energy Innovation analysis found that households will pay an average of $6,500 more for energy, cumulatively through 2040. In five states, households will pay roughly $9,000 more: Oregon, Mississippi, South Dakota, Virginia and Wyoming.The California-based think tank said there will be more demand for natural gas for electricity because the administration is canceling new clean energy projects and there will be more demand for gasoline for transportation because Trump and Congress are revoking policies that encouraged or created incentives for more efficient and lower-emissions vehicles. Higher demand drives prices up.Electricity bills are already rising faster than inflation in much of the U.S., which is being blamed in some areas on demand from data centers. The Iran war has sent oil and gasoline prices sharply higher, too.Contrarily, Trump has said his administration’s energy policies will make bills more affordable for familie…