Posted on 11/26/2015 7:59:46 PM PST by 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
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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.
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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
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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
(Excerpt) Read more at energy.i2i.org ...
But we voted for wind power! That’s free right?
Sorry guys. Now that the state’s politicians are “taxing the hell out of marijuana”, maybe they can help everyone with their electrical bills.
In Texas, wind power is free at night.
I am not sure what the problem is here...They voted for Hussein and Hussein said he was going to make power more expensive. They are getting what they asked for.
And hey those Public Utilities Commissions really look out for the public don’t they?
That should teach people to not vote democrat
Barack 0bama 1,323,101 51.49%
Mitt Romney 1,185,243 46.13%
Eat 0bama, Colorado. :)
Not all of us in Colorado voted for the petulant child in the White House
I could barely afford to keep the lights on between 2010 and 2012.
My electric bills always kept increasing.
It turns out it wasn’t my fault. Excel had to pass on the costs of “clean energy” to ratepayers.
Coloradans who voted for Democrats got what they paid for and have no right to complain.
Solar should be free at night.
The sun don’t shine at night in Texas, but the windi does blow.
As stated, and for once the lyin’ king weren’t lyin’. It was necessary don’t you know.
Expect this kind of thing when west coast liberals take over a state.
“It turns out it wasn’t my fault. Excel had to pass on the costs of “clean energy†to ratepayers.”
All the excess electricity from solar panels by law has to be bought by utilities at retail rates also.
Utilities want to raise rates to all customers to pay for it.
I Held my nose tight and voted for Mittens the Wonder Kittens, ie Romney...
I did feel like staying home on that election day.
Yeah, but obama doesn’t know that.
It’s costing them and those on the East Coast a lot of green to be green.
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