1. Transportation Costs
Impact on Households: This bill will raise the price of gasoline by 37 cents per gallon—over $200 per year for the average gas vehicle. Costs for new electric vehicles will go up by $7,500, plus a $250 annual fee.
2. Household Energy Bills
Impact on Households: Republicans are raising electricity costs for American households by more than $110 next year (2026).
That’s according to analysis from the Clean Energy Buyers Association, modeling the GOP's de facto repeal of clean energy tax credits in the bill. Meanwhile, the latest modeling from Rhodium Group also finds that energy costs for American households could rise by as much as 7 percent—that’s $290—in 2035.
3. Gas Bills
Impact on Households: Households could pay $100 more by 2050 if Republicans rubberstamp an unconstrained amount of liquefied “natural” gas (LNG) exports.
4. Home Energy Efficiency Upgrades
Impact on Households: Hoping to save money by making your home more efficient? The GOP is making that more expensive, too.
Right now, households can leverage the Energy Efficient Home Improvement Tax Credit (25C) for home improvements like heat pumps or water heaters, saving up to $990 each year on utility bills. But the GOP’s bill eliminates the Energy Efficient Home Improvement Tax Credit at the end of this year.
5. Insurance and Housing Damages
Impact on Households: Insurance premiums will skyrocket, and people will lose their homes due to the worsening climate crisis.
New analysis from First Street predicts insurance premiums will rise drastically and that foreclosures caused by extreme weather linked to climate change could spike by 380 percent in the next ten years… repealing clean energy tax credits that are key to slashing climate pollution would only heighten the financial risk to homeowners caused by increased fires, floods, and skyrocketing premiums.
6. Groceries
Impact on Households: The GOP is trying to cut $300 billion from the Supplemental Nutrition Assistance Program (SNAP), which currently helps over 42 million people across the country afford groceries.
7. Health Care and Medicaid Access
Impact on Households: The GOP will kick an estimated 10.3 million people off their health coverage and leave 7.6 million Americans uninsured, raising costs for everyone.
Source: Bash1991