Ed Markey: “since Donald Trump took office, electricity prices have risen by as much as 13 percent--three times faster than…”

“since Donald Trump took office, electricity prices have risen by as much as 13 percent--three times faster than inflation. Families are already falling into debt, and it is only getting worse. Utilities requested a record $31 billion in rate increases in 2025. That is twice as high as the year before. Republican cuts to American energy programs stoked this fire of a crisis. The Republican ``Big Ugly Bill'' is expected--this is unbelievable--to kill 790,000 megawatts of new, clean electricity over the next decade. It has already canceled or stalled 28,000 megawatts from 365 energy projects. As we produce less and less new electricity, the remaining electricity becomes more and more expensive for families all across this country.”