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Trump Policies Add $0.5 T to Bills, Solar Beats Coal

7/7/2026

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Story summary
  • U.S. President Donald Trump’s anti-renewable policies could add over $0.5 trillion to household electricity costs by 2040, with Energy Innovation estimating $460 extra by 2035 and $490 extra by 2040.
  • Solar supplied 12.8% of U.S. electricity versus coal’s 12.2%, marking the first time solar outpaced coal.
  • Ending federal tax credits and the Solar for All program could cut solar capacity by 21 GW through 2040 and cause a decline after 2030.