> the regulations will cost electricity producers $10.9 billion annually,
No, it will NOT.
It WILL coast electricity consumers $10.9 billion.
Producers pay nothing, they just pass along the costs.
If that was true, regulations wouldn't drive producers into bankruptcy, which they routinely do. I suggest you brush up on the economic substitution effect and the indifference curve.
The point is, there is a limit to what customers will pay when regulations drive up the price of a good before they seek a substitute good.