Top-down green energy mandates are affecting your bottom line.
U.S. residential electricity rates jumped over 26% in the past five years, with most of the increase coming since 2021.
And the cost of energy isn’t coming down anytime soon. 2024 preliminary data shows prices are still going up, and the Energy Information Administration is predicting even higher rates in 2025.
It’s no coincidence that the most dramatic price increases began during the Biden administration’s aggressive push for green energy.
Rising energy prices aren’t just the result of market forces or global events — they’re the direct result of policy choices made in Washington. The Biden administration’s green energy agenda is built on mandates, subsidies, and regulations that shift massive costs onto consumers.
Utilities aren’t shifting to wind and solar because it’s cheaper — they’re being forced. Federal emissions rules, renewable energy targets, state pressure, and massive Inflation Reduction Act subsidies are all driving the transition away from fossil fuels, even when those fuels remain the most reliable options.
This transition requires a large upfront investment. After all, wind turbines, solar farms, grid-scale battery storage, and electric vehicle charging stations aren’t cheap. And utilities don’t eat those costs. They pass them on to you in the form of higher energy prices.
But it’s not just the cost of building new infrastructure adding to your energy bill — it’s the rules shaping what gets built in the first place.
Here’s what is driving your energy bills higher:
Green energy quotas, forced retirements of coal and gas plants, and sweeping EV mandates don’t reflect market demand — they reflect ideological goals. These mandates reduce supply reliability and force utilities to operate in less efficient, more expensive ways.
When the government distorts energy markets, it’s always consumers who pay.
The best energy solutions rely on free markets, not mandates or government’s tilting the playing field. Efficiency, affordability, and reliability should decide which technologies succeed. When companies are forced to respond to consumer demand, innovation flourishes and prices come down.
But in the recent past, our government has chosen too many winners and losers — often at the expense of ratepayers.
Consumers should be free to choose what works best for their homes, vehicles, and budgets. Some may decide that rooftop solar or an electric vehicle is their best option. Others may prefer natural gas or a vehicle fueled by traditional fossil fuels.
That’s how markets work best — they adapt to individual needs, not one-size-fits-all mandates. Instead of forcing costly green technologies through subsidies and regulations, we should let the market determine what’s viable. The result will be lower prices, smarter innovation, and energy solutions that truly deliver.
With the enactment of the One Big Beautiful Bill, Congress has begun the process of making energy more affordable.
This law removes taxpayer handouts for ineffective green initiatives and sets the country back on track to energy dominance. Investments in domestic oil and gas production will not only lower energy bills but also create thousands of good-paying American jobs.
But we need to keep the momentum strong — urge Washington to seize this chance for permitting reform. Sign the pledge to cut unnecessary regulations and unlock America’s energy potential.
Visit the Prosperity is Possible website to find policy solutions and get involved in advocating for affordable energy for all.
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