Summary
Many American families are struggling with rising energy costs, which have led to increased utility debt and service disruptions like electricity cut-offs. President Trump has been facing criticism over his handling of the economy, particularly regarding energy prices, despite claiming that costs are decreasing under his administration. Government support to help low-income families with utility bills is being reduced, and the administration has paused some clean energy projects, which could lead to higher energy costs.
Key Facts
- Kristy Hallowell, from New York, went without electricity for six months due to high energy bills.
- Her monthly energy bill unexpectedly rose to $1,800, leading to disconnection.
- Nearly 1 in 20 households risk having their utility debt sent to collections.
- The first half of Trump's second term saw a 3.8% rise in severely overdue utility debts.
- Electricity prices increased by 6.9% compared to the previous year.
- President Trump promised to cut energy bills but claims prices are falling under his administration.
- The federal government is cutting funds that help low-income residents pay utility bills.
- Energy bills, especially in the northeast US, are expected to rise further due to high natural gas prices and cold weather.
