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Trump Vows to Block New Wind and Solar as Electricity Prices Rise and Tariffs Expand

The vow caps a week of policy moves that developers warn will push prices higher.

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Power generating wind turbines tower over the rural landscape on July 05, 2025 near Pomeroy, Iowa. President Donald Trump answers questions from reporters in the Oval Office on August 14, 2025 in Washington, DC.
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Overview

  • The Commerce Department expanded Section 232 duties to cover wind turbines and components, making their steel and aluminum content subject to a 50% tariff.
  • Electricity prices were 5.5% higher in July year over year, and an EIA-based analysis found average residential rates rose roughly 10% from January to May.
  • Energy Secretary Chris Wright acknowledged prices are rising but attributed the increases to ObamaBiden policies, rejecting claims that the administration’s renewables rollback is to blame.
  • PJM Interconnection’s latest capacity auction cleared 22% higher, with analysts expecting the result to lift consumer bills by roughly 1.5% to 5% when new rates take effect next year.
  • Climate Power reported 64,000 renewable jobs cut or paused and $33.87 billion in projects canceled or delayed since Trump’s election, citing lost investment tied to policy changes.