Trump Advances Energy Affordability with Ratepayer Protection Pledge

President Donald J. Trump is taking action to make energy more affordable for American families and businesses with the Ratepayer Protection Pledge. This new initiative aims to shield ratepayers from rising energy costs by ensuring transparent and accountable utility practices.

The Ratepayer Protection Pledge requires utilities to publicly commit to the following principles:

• Transparent Pricing: Utilities must provide clear, detailed breakdowns of all charges on customer bills, including generation, transmission, and distribution costs.
• Responsible Investments: Utility infrastructure projects must demonstrate clear benefits to ratepayers, not just shareholders.
• Efficiency Optimization: Utilities must continually seek ways to reduce waste and improve operational efficiency to pass savings on to customers.
• Affordability Prioritization: Utility decision-making must prioritize maintaining affordable rates for residential and business customers.

"American families and small businesses are struggling with high energy costs, and it's time for utilities to start putting their customers first," said President Trump. "The Ratepayer Protection Pledge will ensure that utilities are transparent, responsible, and laser-focused on affordability."

The pledge builds on the administration's broader efforts to make energy more affordable and accessible for all Americans. This includes:

• Expanding domestic energy production to increase supply and put downward pressure on prices
• Streamlining regulations to accelerate infrastructure projects and reduce red tape
• Supporting the development of new energy technologies to drive innovation and efficiency

"Affordable, reliable energy is crucial for economic growth and American competitiveness," continued President Trump. "By holding utilities accountable and putting ratepayers first, we can deliver real relief to households and small businesses across the country."

Utilities that sign the Ratepayer Protection Pledge will be recognized and promoted by the administration as champions of energy affordability. The White House has already secured commitments from several major providers, and expects widespread adoption in the months ahead.

The Ratepayer Protection Pledge is the latest step in President Trump's agenda to make American energy more affordable, reliable, and secure for all. By empowering consumers and holding utilities accountable, this initiative will provide much-needed relief to families and businesses struggling with high energy costs.