Enthusiastic victory speeches from Democrats who promised to rein in electricity prices marked the start of a risky political countdown. Time is not on their side.
The party’s focus on solving cost-of-living problems by expanding clean energy could raise prices before lowering them, energy analysts say, raising the risk that Democrats could enter the 2028 presidential cycle before delivering on their affordability promises.
“This is a legitimate issue, and it will not be resolved in one political cycle,” the representative said. Sean Casten (D-Ill.) acknowledged in an interview this week. “Now we’re just in the sticker shock moment.”
Renewable sources like wind, solar and batteries have no fuel costs and can lead to cheaper electricity, confirming the talk many Democrats have made of a pillar of their campaigns. Flooding the grid with clean energy could limit reliance on fossil fuels like natural gas, oil and coal, whose prices can fluctuate wildly in response to geopolitical events like the war in Iran.
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