{"id":110976,"date":"2025-11-19T05:00:27","date_gmt":"2025-11-19T10:00:27","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/bidens-green-energy-fiasco-not-trumps-reforms-is-jacking-up-your-electric-bill-110976"},"modified":"2025-11-19T05:00:27","modified_gmt":"2025-11-19T10:00:27","slug":"bidens-green-energy-fiasco-not-trumps-reforms-is-jacking-up-your-electric-bill","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/bidens-green-energy-fiasco-not-trumps-reforms-is-jacking-up-your-electric-bill-110976","title":{"rendered":"Biden\u2019s green energy fiasco, not Trump&#8217;s reforms, is jacking up your electric bill"},"content":{"rendered":"<div>\n<p>There\u2019s a battle to define a narrative about what\u2019s to blame for rising electricity prices. Some claim higher electricity prices are due to President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a>\u2019s &#8220;One Big Beautiful Bill,&#8221; which curtailed subsidies for &#8220;cheap&#8221; wind and solar installations. Others blame AI\u2019s rapidly expanding appetite for electricity, while some blame inflation. None of these charges hold up under scrutiny. \u00a0<\/p>\n<p>But shifting blame, usually with the help of a complicit media, helps with the only thing that matters to most politicians: seizing political power. \u00a0<\/p>\n<p>This is readily seen in California Democrat Gov. <a href=\"https:\/\/www.foxnews.com\/category\/person\/gavin-newsom\" target=\"_blank\" rel=\"noopener\">Gavin Newsom<\/a>\u2019s trip to Bel\u00e9m, Brazil, to rub elbows with the global elite at the UN\u2019s COP30 global climate conference on Nov. 11. Newsom, an all-but-declared candidate for the Democratic nomination for president in 2028, slammed the Trump administration for not attending the confab, accusing the president of &#8220;handing the future to China,&#8221; presumably in the category of selling solar panels embedded with secret kill switches.\u00a0<\/p>\n<p>Newsom went on to say that &#8220;We\u2019re not turning backwards to the failed policies of the past \u2014\u00a0<a class=\"Hyperlink SCXW262199831 BCX0\" href=\"https:\/\/www.foxnews.com\/opinion\/californias-green-new-scam-could-cost-you-20000\" target=\"_blank\" rel=\"noreferrer noopener\"><u>California is fighting for a clean-energy future<\/u><\/a>, even as\u00a0President Trump bends the knee to his Gulf-State patrons and takes a nap as the world burns.&#8221; Newsom also claimed that California is now operating its grid on &#8220;two-thirds clean energy,&#8221; with California operating on 100% non-fossil-fuel energy for at least part of the day nine out of 10 days this year.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/newsom-claims-trump-handing-future-china-brazilian-climate-confab-wh-skipped\" target=\"_blank\" rel=\"noopener\"><strong>NEWSOM CLAIMS TRUMP IS \u2018HANDING THE FUTURE TO CHINA\u2019 AT BRAZILIAN CLIMATE CONFAB THAT WH SKIPPED\u00a0<\/strong><\/a>\u00a0<\/p>\n<p>But California now has the <a href=\"https:\/\/www.foxnews.com\/opinion\/predictable-outcome-californias-green-energy-policies-has-arrived-its-disaster\" target=\"_blank\" rel=\"noopener\">nation\u2019s second-highest electricity prices<\/a> second-highest electricity prices, only behind Hawaii, with the Golden State\u2019s electricity prices rising the most of any state since 2010: 127%, according to a new report from Jonathan A. Lesser, Ph.D., a senior fellow with the National Center for Energy Analytics. \u00a0<\/p>\n<p>The truth that Newsom doesn\u2019t want Californians \u2014 or Democratic primary voters \u2014 to know is that &#8220;green&#8221; energy is expensive energy. That\u2019s because, &#8220;60% of the time, (wind and solar) works every time&#8221; to borrow from the much-memed comedy &#8220;Anchorman.&#8221; And, it\u2019s very costly to make sure the power is on when wind and solar aren\u2019t producing. \u00a0<\/p>\n<p>This, Lesser notes, is one of the main culprits in rising electricity costs.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/liz-peek-trump-white-house-fired-up-about-king-coals-return-power\" target=\"_blank\" rel=\"noopener\"><strong>LIZ PEEK: TRUMP WHITE HOUSE FIRED UP ABOUT KING COAL\u2019S RETURN TO POWER\u00a0<\/strong><\/a>\u00a0<\/p>\n<p>The Biden-Harris administration\u2019s <a href=\"https:\/\/www.foxnews.com\/opinion\/congress-repealed-green-new-deal-can-trump-finish-job\" target=\"_blank\" rel=\"noopener\">reckless push for subsidized wind and solar \u2014<\/a> and California\u2019s before that and since \u2014 has destabilized our grid and forced consumers to foot the bill for fortifying unreliable &#8220;green&#8221; energy with reliable gas power and expensive batteries \u2014 the latter of limited utility. \u00a0<\/p>\n<p>From the first quarter of 2010 to the second quarter of 2025, average residential electricity rates across the U.S. surged by about 63%, according to\u00a0Energy Information Administration (EIA)\u00a0data. But the pain isn\u2019t evenly distributed. <a href=\"https:\/\/www.foxnews.com\/category\/us\/us-regions\/northeast\/massachusetts\" target=\"_blank\" rel=\"noopener\">States like Massachusetts<\/a> and California not only endured the steepest hikes, but now boast two of the nation&#8217;s highest rates \u2014 over 30 cents per kilowatt-hour in some cases. \u00a0<\/p>\n<p>Critics peddle all sorts of excuses for these increases. One target is data centers, those power-hungry hubs fueling AI and cloud computing. Sure, they consume a lot of power \u2014 Virginia, a data center hotspot, has seen demand rise. But Virginia\u2019s rates? Below-average increases and still under the national norm. If data centers are the villain, why isn\u2019t the Old Dominion suffering like California?<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/trumps-un-speech-reveals-inconvenient-truth-massive-green-energy-costs\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP&#8217;S UN SPEECH REVEALS INCONVENIENT TRUTH OF MASSIVE GREEN ENERGY COSTS\u00a0<\/strong><\/a><\/p>\n<p>A recent International Renewable Energy Agency report touts falling costs for renewables. But as Lesser\u2019s analysis shows, that\u2019s a half-truth at best. Subsidies like the federal production tax credit \u2014 now $27.50 per megawatt-hour \u2014 let wind and solar operators undercut the market with negative bids, distorting wholesale prices and squeezing out reliable baseload plants \u2014 which end up not being built. \u00a0<\/p>\n<p>Here\u2019s the missing link the green advocates ignore: the shift in our generating mix. Between 2010 and 2024, U.S. electricity capacity grew 16% to 1,325 gigawatts, outpacing a mere 5% rise in retail sales. Sounds good, right? Wrong. Dispatchable sources \u2014 coal, gas and nuclear, which can ramp up on demand \u2014 plummeted by 80 gigawatts. Intermittent wind and solar ballooned seven-fold, to 278 gigawatts. \u00a0<\/p>\n<p>This trend accelerated in 2025: More than 1,900 megawatts of fossil fuel retired by July, with another 12,600 megawatts slated for shutdown by year\u2019s end and into 2026. What&#8217;s replacing them? More <a href=\"https:\/\/www.foxnews.com\/category\/energy\" target=\"_blank\" rel=\"noopener\">subsidized wind, solar<\/a>, and pricey batteries.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/trumps-energy-price-promise-coming-due-he-has-power-solve-crisis\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP&#8217;S ENERGY PRICE PROMISE IS COMING DUE. HE HAS THE POWER TO SOLVE THE CRISIS\u00a0<\/strong><\/a><\/p>\n<p>It\u2019s policy malpractice. States like New Jersey and New York forced <a href=\"https:\/\/www.foxnews.com\/opinion\/liz-peek-trump-white-house-fired-up-about-king-coals-return-power\" target=\"_blank\" rel=\"noopener\">premature closures of reliable power plants<\/a> such as Oyster Creek nuclear in 2018 and Indian Point in 2021, which powered a quarter of New York City\u2019s needs. \u00a0<\/p>\n<p>Biden-era EPA rules, now being rolled back under Trump, would have shuttered most coal plants by 2032. Mandates for cars to have &#8220;zero-emissions&#8221; by 2035 in places like California ignore reality. Where will they get the electricity? Wind and solar can\u2019t provide inertia or reactive power, essential for grid stability.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\" target=\"_blank\" rel=\"noopener\"><strong>CLICK HERE FOR MORE FOX NEWS OPINION<\/strong><\/a><\/p>\n<p>The fallout? Skyrocketing prices. \u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\" target=\"_blank\" rel=\"noopener\"><strong>N<\/strong><\/a><a href=\"https:\/\/www.foxnews.com\/politics\/newsom-pushes-climate-record-abroad-californians-shoulder-americas-highest-gas-costs\" target=\"_blank\" rel=\"noopener\"><strong>EWSOM PUSHES CLIMATE RECORD ABROAD AS CALIFORNIANS SHOULDER AMERICA\u2019S HIGHEST GAS COSTS\u00a0<\/strong><\/a>\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trump-pushes-big-beautiful-bill-solution-four-years-biden-failures-largest-tax-cut-ever\" target=\"_blank\" rel=\"noopener\">Trump\u2019s One Big Beautiful Bill<\/a> \u2014 only now going into effect, so any electricity price increases to this point aren\u2019t due to the law \u2014 flips the script. By rescinding President Joe Biden\u2019s vehicle emission standards and fossil fuel crackdowns, it prioritizes affordable, dispatchable energy. Expect more nuclear builds, streamlined pipelines and fewer handouts to Big Green. This won\u2019t spike prices \u2014 it\u2019ll stabilize them by restoring reliable supply.<\/p>\n<p>Biden\u2019s (and Newsom\u2019s) green zealotry promised cheap power, but delivered the opposite: unaffordable, unreliable electricity that hampers economic growth. Trump\u2019s reforms demonstrate that true energy independence means ditching the myths and embracing what works. \u00a0<\/p>\n<p>Americans deserve a grid that powers prosperity, not one that bankrupts it.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/person\/d\/chuck-devore\" target=\"_blank\" id=\"OWA23deea8e-8906-f185-a7a8-ac20172e4609\" rel=\"noopener noreferrer\"><strong><u>CLICK HERE TO READ MORE FROM CHUCK DEVORE<\/u><\/strong><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/bidens-green-energy-fiasco-not-trumps-reforms-jacking-up-your-electric-bill\">Source &#8211; https:\/\/www.foxnews.com\/opinion\/bidens-green-energy-fiasco-not-trumps-reforms-jacking-up-your-electric-bill <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s a battle to define a narrative about what\u2019s to blame for rising electricity prices. Some claim higher electricity prices are due to President Donald [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-110976","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biden\u2019s green energy fiasco, not Trump&#039;s reforms, is jacking up your electric bill - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/bidens-green-energy-fiasco-not-trumps-reforms-is-jacking-up-your-electric-bill-110976\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biden\u2019s green energy fiasco, not Trump&#039;s reforms, is jacking up your electric bill - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"There\u2019s a battle to define a narrative about what\u2019s to blame for rising electricity prices. 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