How the Republican Budget Bill Will Raise Your Electric Bill
The legislation would kneecap America’s short-term wind and solar installations while undermining the hope for innovative new solutions.
Stressed.
Photographer: Joe Raedle/Getty Images North AmericaThree years ago, largely in response to disruptions in the global energy supply triggered by Russia’s invasion of Ukraine, electricity prices in the US skyrocketed — and they have remained strikingly high, as the US grid is stressed by the growth in electric-car charging and a huge surge in data-center construction. To address rising consumer prices, America needs to generate more electricity.
The budget bill currently being debated in the Senate would have the opposite effect. It would kneecap America’s short-term wind and solar installations while undermining the hope for innovative new “clean firm” solutions such as geothermal and nuclear.