US households could pay $6,500 more for energy by 2040 as clean projects get axed
By Eve
New modeling from Energy Innovation, a nonpartisan think tank, suggests households in the contiguous United States could spend an average of $6,500 more on energy by 2040 as a result of federal policy shifts made since President Donald Trump returned to office. The steepest cumulative increases appeared in Oregon, Mississippi, South Dakota, Virginia, and Wyoming, where the added cost comes to about $9,000 per household. The projected increase is tied to demand rising in two areas: more natural gas fired electricity as the administration stops new wind, solar, and hydrogen projects, and more gasoline use after Trump and Congress rolled back policies that promoted more efficient, lower pollution vehicles.
Why it matters
Higher household energy costs could dampen EV adoption if fuel savings become less compelling, while reduced federal support for clean energy projects may slow charging infrastructure buildout and increase reliance on fossil fuel generation. CPOs and procurement teams may face higher electricity costs for charging operations, affecting business case economics for new sites.
Source
- Original title
- “US households could pay $6,500 more for energy by 2040, as clean projects get axed”
- Published
- 8 October 2026
- Updated
- 9 October 2026
In this story
- Topic
- Grid & Energy
- Place
- United States
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