Electricity price shock: How renewable additions and fossil fuel retirements factor in

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Affordability is the key buzzword ahead of the 2026 midterm elections, and no cost-of-living concern has risen to the top of the political agenda like rising electricity prices. The Trump administration and Congress are trying to reform the electrical grid to increase the supply of power to meet soaring demand. Yet, the different parties cannot agree on what’s causing the problem, the sources of energy to pursue, or how to overhaul the permitting process to allow more construction. This Washington Examiner series will look at the policy and politics of the grid.

From Alaska to Maine, electricity prices are soaring across the country, up roughly 13% since President Donald Trump took office in January. 

With higher electricity bills undermining families’ finances, the Trump administration has repeatedly pointed the finger at the Biden administration for implementing policies aimed at boosting renewable energy sources and phasing out fossil fuels. 

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