Posted on 09/18/2017 8:23:56 AM PDT by george76
In 2001, Colorado electricity consumers enjoyed some of the lowest electric rates in the country. The 15 years since haven’t been so kind to ratepayers. For more than a decade, elected officials, PUC commissioners, industry and advocates have told Colorado ratepayers that they could transform the state’s electricity generation away from coal and toward industrial wind, solar and natural gas with little cost to ratepayers. However, the actual numbers tell a much different story.
Colorado electricity rates have risen sharply – 62.1 percent – across residential, commercial and industrial sectors, despite a slight decrease in recent years.
Colorado electricity rates have increased 17.2 percentage points more than the Mountain state region (Arizona, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming) collectively, where rates increased 44.9 percent over the same time period.
The 62.1 percent increase is 1.75 times more than the cumulative rate of inflation at 35.4 percent.
The rise in electricity rates has outpaced the rise in household income which has averaged a meager four percent over the last 10 years.
Public policy may be to blame in part. Colorado Public Utilities Commission (PUC) data suggests that in 2012, part of the dramatic increase was due to the renewable energy mandate.
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Between 2005 and October of 2015… natural gas prices delivered to electric utilities declined by almost 60 percent and coal prices have remained essentially flat.
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During this same time, U.S. cumulative inflation rate was 35.4 percent. That means the cost of powering Coloradans’ homes and the state’s economy has increased 1.75 times (nearly double) the rate of inflation
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Governor Ritter and other renewable energy advocates said the NEE in Colorado wouldn’t cost ratepayers more. A 62.1 percent electricity increase, over the last fifteen years, across all sectors, shows just how wrong they were.
(Excerpt) Read more at i2i.org ...
1900 KWHrs at my home in Arizona= $200
1500 KWHrs at my home in SoCalifornia $350
Sure sounds like price gouging and anti trust violations somewhere.
Seems like every place I read about has been lying to the consumers about the cost of the “renewable energy”. Why can’t they get their heads out of the sand & tell the truth on this? Probable reason is because somebody is turning a good profit on it.
Drug dealers will lie to their victims on the benefits of meth, MJ, heroin, coke ...
Same with these green energy scammer politicians, like hustler Al Gore, who just recently is super rich.. Most know the truth.
High energy bills ?
Thank the EPA, Greenpeace, Sierra Club, George Soros, EarthJustice ...
Thankfully, the winds in Gulf coastal FL are either too little or too much to remotely justify those gawd-awful wind turbines. I’d move from a state that promoted them. The low-frequency, penetrating sound alone is a health hazard.
I had to look up Ezekiel Elliott. I no longer watch NFL football. I miss the old Bronco Orange Crush days. It’s a shame what’s happened.
I have always liked College football and now like the OU Sooners best.
Good for Jerry Jones:
http://www.americanjournalreview.com/
The electric rates go up to pay for the gov’t pensions.
You cannot save money for retirement because you are paying for a gov’t workers easy retirement.
I moved from a farm, rural electricity, rural water and propane heat in a state with high humidity and extreme seasonal heat and cold. I now live in Colorado with natural gas and city power, utilities have gone from averaging well more than $500 to a little over $100 per month.
Thin dry air is easy to heat and we don’t need AC. Love this place!
The politics aren’t getting better, but we like it here in Park County.
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