Warner and Kaine: New Report Shows Energy Prices Skyrocketing Under Trump

WASHINGTON, D.C. - Today, U.S. Senators Mark R. Warner and Tim Kaine (both D-VA) slammed the Trump Administration after a new report showed that energy prices are increasing under the Trump Administration. In Virginia, households are paying on average $130 more- a 7.3 percent increase - in annual energy costs compared to last year. This comes after President Donald Trump declared an "energy emergency" to cancel clean energy projects across the country.

"President Trump promised Americans lower costs, energy independence, and more good paying jobs, yet he is canceling energy projects across Virginia and the country, triggering higher utility bills, weakening the American power grid, growing our reliance on foreign energy, and cutting jobs," said Warner. "In the Senate, my Democratic colleagues and I are focused on diversifying America's energy sources, and we're going to continue doing everything we can to lower utility costs for families."

"The U.S. was producing more energy than any country in the world, but on President Trump's first day in office, he declared an 'energy emergency' to cancel clean energy projects across the country, including in Virginia. I've forced votes in the Senate to overturn this sham emergency, but my Republican colleagues have refused to do so," said Kaine. "Now, Americans are paying the price. This new report underscores what I've been saying all along: we must stop President Trump's war on American-made energy that is killing jobs and raising energy costs for Virginians."

Democrats have made significant investments in clean energy, spurring the highest levels of factory construction in U.S. history with more than 400,000 new jobs announced across the country. However, Trump's "energy emergency" and Republicans' rollback of provisions in the Inflation Reduction Act are killing these new jobs, weakening the power grid, increasing our reliance on foreign energy, and raising energy costs. In February and September 2025, Kaine introduced and Warner supported legislation that would have terminated Trump's energy emergency declaration; Senate Republicans voted down the bill both times.

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