New PM cuts VAT on electricity bills
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During his 2024 campaign, President Trump said he intended to cut energy bills in half in the first 18 months of his second term.
The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.
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Trump vowed to slash electricity prices. They’ve risen instead
Donald Trump vowed on the campaign trail to slash electricity prices by half within 18 months but that hasn't happened.
Trump set a specific deadline and a specific number for cutting your electricity bill, and that deadline just passed. Here is what actually happened to prices while the clock ran out.
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