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'Significant' rise in electric bills seen
CNN/Money ^ | 6/4/12 | Steve Hargreaves

Posted on 06/04/2012 3:03:29 PM PDT by Nachum

NEW YORK -- Higher electric bills. Emphasis on solar power. A surge in electric cars. Those are some of the things about 500 utility executives see in the future of their industry, according to a poll conducted by consulting and construction firm Black & Veatch. Rising utility bills: Over 90% of the executives surveyed believe that rules requiring the use of more renewable energy and a cut in pollution from coal-fired power plants will lead to higher monthly utility bills for consumers. Over half said these bills will rise significantly. No definition of "slightly" or "significantly''

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS: bills; electric; significant
Wow. I guess we should happy that the Volt flopped. Look how much money we saved....:(
1 posted on 06/04/2012 3:03:39 PM PDT by Nachum
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To: Nachum

That was Hussein’s stated goal.

Evil bastard that he is.


2 posted on 06/04/2012 3:05:14 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


3 posted on 06/04/2012 3:06:14 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: BenLurkin

Those lazy, hazy days in the White house for Burlap Insane Obama are drawing to a close. And same with the attempt at communism. Even the liberal democrats are starting to catch on.


4 posted on 06/04/2012 3:13:44 PM PDT by exnavy (May the Lord bless and keep our troops.)
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To: Nachum

Thankfully my electric bill has not raised. My six bedroom house bill is 250 dollars. Hopefully it will stay that rate or go down. Going down is probably not going to happen.


5 posted on 06/04/2012 3:14:50 PM PDT by napscoordinator
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To: Nachum

Mine’s already gone up nearly 200% over the past decade and my electric company just raised rates to make up for the “loss” resulting from falling demand.


6 posted on 06/04/2012 3:18:45 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Nachum

A surge in electric cars.


Only when the few that actually sold burst in to flames.


7 posted on 06/04/2012 3:38:37 PM PDT by cableguymn
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To: napscoordinator

Got a notice from Central Virginia Electric, my bill is going up approx 20%.


8 posted on 06/04/2012 3:55:21 PM PDT by DYngbld (I have read the back of the Book and we WIN!!!!)
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To: Nachum

Going up 600 to 800% by 2015. Saw it in an arcticle 2 weeks ago about the electricity purchased by the company that runs the grid in the NorthEast ... they were signing contracts with the electricity producers for 2015 and the rates were 600% to 800% higher.

looked for and can’t find the link.


9 posted on 06/04/2012 4:04:42 PM PDT by ChiefJayStrongbow
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To: Nachum

Going up 600 to 800% by 2015. Saw it in an arcticle 2 weeks ago about the electricity purchased by the company that runs the grid in the NorthEast ... they were signing contracts with the electricity producers for 2015 and the rates were 600% to 800% higher.

The arcticle no longer references the 600to 800% but it was there.

http://energycommerce.house.gov/news/PRArticle.aspx?NewsID=9544

Excerpt:

Just How Much Will It Cost To Keep the Lights On Under Obama’s Regulatory Reign?

May 24, 2012

New information released this month provides us with a glimpse of what the future of electricity in America will look like as a result of President Obama’s regulatory reign: higher prices and threatened reliability.
Power grid operator PJM Interconnection held its annual capacity price auction last week, which revealed Americans in 13 states across the Mid-Atlantic and Midwest can expect higher electricity bills in 2015 and beyond. As explained by PJM, the increase is largely attributable to the retirement of an “unprecedented” amount of coal-fired generation driven by EPA’s new and forthcoming power sector rules. In the past six months, generation owners in the PJM footprint have announced plans to retire nearly 14,000 megawatts (MW) of generating capacity by 2015, with more regulatory-driven retirements expected. To help offset this loss, PJM recently announced that an initial $2 billion worth of transmission upgrades are required by 2015 to maintain grid reliability. PJM customers will foot the bill for these transmission upgrades, sending their electricity bills even higher.


10 posted on 06/04/2012 4:11:15 PM PDT by ChiefJayStrongbow
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To: DYngbld

Damn them.....I hate to hear that. Sorry about that.


11 posted on 06/04/2012 4:20:00 PM PDT by napscoordinator
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To: Nachum

Ours is up $100 this last month, and it has not been all that hot, this is a big house to cool. We have most of the rooms shut off too. With small AC units in the bed rooms which are only used when we have company, and the den we spend the most time in is a heat pump type.


12 posted on 06/05/2012 2:59:28 AM PDT by GailA (Any congress critter or president who FAILS to keep faith with the Military, WON'T keep faith with U)
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