Trump promised to cut energy bills in half. One year later, has he delivered?

High-voltage power lines are pictured on January 14, 2026 in Miami, Fla. President Trump promised to cut energy bills in half within one year of his re-election. Gasoline prices have fallen about 20%, but electricity rates are still rising.

Cheap gasoline, yes. Drill, baby, drill? Not so much. And electricity bills are going up, not down.

(Image credit: Joe Raedle)