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Trump's Pledge Fails as Electricity Prices Surge 5.5%

9/4/2025

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Story summary
  • President Trump pledged to halve electricity prices, yet costs have increased by 5.5% in the past year.
  • Nearly 60 utilities are set to raise electric and gas bills, impacting millions of customers.
  • Rising demand from data centers is contributing to higher electricity prices, influenced by natural gas costs and aging infrastructure.
  • Experts recommend clean energy investments to address energy demands and stabilize prices.