Colorado’s skyrocketing electricity prices could get much worse

Independence Institute ^ | November 24, 2015 | michael

[george76]

The cost of electricity for Colorado residents skyrocketed 63 percent between 2001 and 2014, far outpacing median income in the state at just 24 percent over the same time period

...

Retail residential electricity rates increased from 7.47 cents per kilowatthour in 2001 to 12.18 cents per kilowatthour by 2014, a 63.1 percent hike. Coloradans median income, however, went up just 24.1 percent, from $49,397 to $61,303. Median income in Colorado actually declined between 2008 and 2012.

...

Not to mention the state's many business owners, including small business owners, who face the same hikes in energy costs that could force decisions like layoffs or relocation to nearby states, where energy costs are lower. This reduces job growth and harms the state's economy twice, with increased business costs passed on to consumers–the same ratepayers who already are paying more at the meter.

Colorado is an outlier in front of an unfortunate nationwide trend. According to federal data, average U.S. electricity prices in 2016 are projected to be about 4.5 percent greater than 2013 levels

...

The saddest part of all is that it is as yet uncertain whether any of Colorado's rateshock would help stave off the worst of the Obama administration's climate initiative, were that regulation to survive judicial review. That means that it could get much worse

[Buckeye Battle Cry]

Price of pot will skyrocket. Hydroponics takes a great deal of electricity.

[Chickensoup]

I know that not all of you voted for Hussian, a majority did though, and face it we all have to suffer at the hands of the stupid.

[NormsRevenge]

What’s LickingHooper got to say?

[Hoodat]

Sounds like Colorado voters are getting what they voted for.

[Colorado Doug]

Expect this kind of thing when west coast liberals take over a state.

We should have closed Colorado borders when we had a chance.

[familyop]

Were those big coal-fired plant$ in Colorado Springs and Denver perhaps noticed by the regulator$?

[familyop]

"Solar should be free at night."

That's a good idea. ;-)

[familyop]

"Expect this kind of thing when west coast liberals take over a state."

And hordes of them from the northeast--little known fact. Come to think of it, most of those from the west coast were originally from the northeast or not long descended from there...and not long descended from Europe before that.

[Kickass Conservative]

>>>What’s LickingHooper got to say?<<<

I thought it was LickingPooper.

[Kickass Conservative]

I've lived in CA since 1960. This State was very Conservative, even electing Ronaldus Maximus for Governor.

Liberals are like Cancer Cells, they start out small but they always Metastasize and kill their Host.