State of US Energy in 2025

The US Energy Information Agency (EIA, May 2025) projected residential energy costs to increase 13 to 18% annually through 2026. From our perspective there are several contributors to this.

First, in May of 2024 when Donald Trump met with coal, oil and gas executives in Mar-A-Lago he offered, in exchange for $1B in campaign donations, to reverse Biden-era renewable energy policies. Since his election $28.7B in renewable energy, solar and battery manufacturing projects and plants have been cancelled (B2 Project Tracker-committed projects in US communities, namely in Ohio). Therefore this payment provided a pretty good return on investment for the fossil fuel industry-not so good for those paying their energy bills. Remember that.

Next we are seeing a need to maintain and upgrade our transmission infrastructure that is aging, and in some places hardening it against extreme weather events.

Finally, new AI loads are vying for power from an existing pool of energy, increasing demand and putting upward pressure on prices.

We can help reduce future cost increases by lowering the barriers for renewable energy and introducing time-of-use rates (which gives us the opportunity, as consumers, to participate in controlling our energy costs).

Therefore, as you see your energy bills go up, know that the renewable energy sector is trying to bring solar and wind projects to the market quick as we can. Renewable Energy is the cheapest and cleanest form of energy.

We’re also trying to bring domestic renewable energy manufacturing to America. We’re facing some stiff headwinds right now, but we’re doing our best. The technology is here (or could be invented and deployed here) but it’s our economic structures and political will that is holding us back while the bulk on the world is moving forward-and fast!

The future is already here—it's just not very evenly distributed. —William Gibson

Previous
Previous

New Clinic Goes Solar

Next
Next

PES Energy Production Surges Into 2024