Americans Face Soaring Energy Bills, Debt Under Trump: 'This Has Been Traumatic'

World
N
News18•11-01-2026, 22:31
Americans Face Soaring Energy Bills, Debt Under Trump: 'This Has Been Traumatic'
- •Millions of Americans struggle with rising electricity and gas prices under US President Donald Trump, pushing households into debt.
- •Kristy Hallowell from Greenwood Lake, New York, faced a tripled energy bill, leading to utility cut-offs and $3,000 in debt.
- •Nearly one in 20 US households risk utility debt being sent to collections this winter, with overdue debt rising 3.8% in Trump's second term.
- •Electricity prices rose 6.9% year-over-year in November, exceeding overall inflation, despite Trump's campaign promise to halve energy bills.
- •Experts warn that federal funding cuts and rollback of clean energy projects could further increase prices, with no relief expected soon.
Why It Matters: Rising energy costs under Trump are causing significant financial hardship and debt for millions of American households.
✦
More like this
Loading more articles...





