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While Trumps energy policies aim to lowercosts, they could also have unforeseen consequences.
Here are four ways Trumps presidency could affectyour utility bills in 2025.
Removing these mandates will help ameliorate these cost pressures and help reduce utility bills over time.
Reduced Incentives, Lower Bills?
Another Trump energy policy that could affect utility bills is his promise to roll back Bidens renewable energy incentives.
Experts debate the consumer impact of rolling back renewable energy.
Rolling back renewable energy incentives will help lower utility bills, Winegarden said.
The renewable incentives encourage the uneconomic use ofalternative energy resources.
These resources are not only more costly, but they require expensive back-up generation that further increases costs.
According to data from theU.S.
Is that a good thing?
However, Trumps aggressive stance on tariffs could create other problems.
These tariffs would impact costs for fuel, transportation and manufacturing, hitting families and businesses alike.
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