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NH electricity bills up 11% despite Trump affordability promises

NH electricity bills up 11% despite Trump affordability promises

Trump promised energy bills would be “cut in half” within 12 months. Instead, new federal data show NH’s average residential electricity price rose about 11% from Dec. 2024 to Dec. 2025 — on top of a roughly 33.5% increase since NH Republicans took the governor’s office in 2017. (Photo: AP)

By Colin Booth

March 4, 2026

New federal data show the state’s average residential electricity price rose ~11% from Dec. 2024 to Dec. 2025 — even after Trump promised energy bills would be “cut in half” within 12 months. 

New Hampshire Republicans have spent nearly a decade running state government, and during that time; electricity costs kept climbing. In the first year of President Donald Trump’s second term, things are getting worse.

Since Republicans took the New Hampshire governor’s office in 2017, the average retail electricity price is up about 33.5%, according to US Energy Information Administration (EIA) data. That long-run increase now comes with a new jolt: the EIA’s latest monthly report shows New Hampshire’s average residential electricity price jumped about 11% from December 2024 to December 2025.

And despite promising immediate relief during the 2024 election, Trump is now facing fresh evidence that costs are mounting. He pledged on the campaign trail that energy bills would be “cut in half” within 12 months, but the latest federal data show New Hampshire’s average residential electricity price rose about 11% over the last year.

In a statement, Democratic National Committee Chair Ken Martin argued that Trump fully owns the New Hampshire energy crisis.

“Donald Trump continues to break promises he made to Granite Staters …Trump’s disastrous economic policies have skyrocketed utility costs, pushing New Hampshire families even more to the brink as they watch their electricity bills go through the roof.” Martin said.

“Last year, Donald Trump promised that energy bills would be cut in half. Instead, Trump has done more to line the pockets of his billionaire buddies than follow through on his promise to lower energy costs for New Hampshire families.”

But the pain of state electric bills isn’t just the result of Republicans in Washington — it’s also been shaped by decisions made in Concord.

Early in Republican Gov. Kelly Ayotte’s term, New Hampshire regulators approved one of the largest Eversource rate hikes in state history and an increase in the residential “customer charge” from $13.81 to $19.81 (about +43%) — a massive jump in a fee that customers can’t avoid even by using less power. 

Since Ayotte took office, New Hampshire’s average residential electricity price has risen roughly 11%, from 23.68 cents per kilowatt-hour in December 2024 to 26.28 cents per kilowatt-hour in December 2025  — in the midst of a harsh winter when electricity demand has increased.

At the same time, Republicans in Washington repeatedly proposed major cuts — including a House GOP stopgap that would have cut LIHEAP by 74% and a Trump FY2026 budget request to eliminate it — but the funding bills that ultimately passed kept LIHEAP funded.

Author

  • Colin Booth

    Based in Manchester, Colin Booth is Granite Post's political correspondent. A Granite State native and veteran political professional with a deep background in journalism, he's worked on campaigns and programs in battleground states across the country, ranging from New Hampshire, Texas, Pennsylvania and Washington D.C.

CATEGORIES: GOP ACCOUNTABILITY

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Colin Booth
Colin Booth, Chief Political Correspondent
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