“Under my plan ... electricity rates would necessarily skyrocket ...”
We are told manufacturing will be returning to the US thanks to new technologies (robotics, 3D printing, etc). All of these technologies require electricity and huge amounts of it. If you were a nation determined to lead the world in high tech manufacturing government policy would facilitate and encourage the widespread availability of low cost electricity.
Our government policy is encouraging high cost electric power generation (solar & wind) while discouraging low cost power generation (coal, nuclear). Twenty years from now the nations dominating technologically enabled manufacturing will be those with low electricity costs and a well educated population. Not the USA.