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Why US Power Bills Are Surging

Why US Power Bills Are Surging
business10/4/2025

Americans are paying more for electricity—and rates will keep rising. But after a period of pain, rates should level off as the benefits of a shift away from fossil fuels begin to be felt.

US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill A report finds that President Trump’s flagship legislation will grant $40 billion in new subsidies to the oil and gas industry over the next decade. China Is... [2090 chars]