Plan to Build Power Plants Announced to Lower Electricity Bills in Eastern U.S.
NATURAL GAS
President Trump and bipartisan governors have unveiled a plan to build power plants in 13 Eastern states and Washington, D.C., aimed at reducing electricity costs. With rising wholesale electricity and natural gas prices, experts advocate for immediate regulatory actions to alleviate financial burdens on consumers, as 17% of Americans are currently behind on their electric bills. Additionally, proposals include lowering utility profit rates and exploring innovative energy solutions like California's Cap-and-Invest Program and residential plug-in solar options.

Jan 31, 2026, 8:29 PM