I am amazed our coop maintains rates like they do but it has gone up three times since '21. Just this year the Power Cost Adjustment has doubled from 1.4 cents to 2.8 cents. IT WILL GO MUCH HIGHER.
EPA is mandating changes to emissions that are not possible with the technology of the day. The "mix" they are pushing is all renewable. They are doing this by offering a choice that is not possible so they can say they are not actually outlawing conventional power.
I and others who are concerned finally got our coop to write an article in the newsletter about what is going on. It just came out this month. Green isn't cheap and the chickens are coming home to roost. I expect the price of my electricity to double in the next 5 to 10 years. EPA and FJB are destroying the electric power base in the nation mostly because they can.
I don't wish to be condescending or critical but do you really not understand what is going on? If you don't lots of others have no idea at all.
“expensive natural gas fired peaking power”
Since Biden types want 100% phase out of “fossil fuel”, providers and rate regulators have to price based on a shortened useful life.