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  • Get ready for electricity prices to “necessarily skyrocket" (Bills go up as much as 60% by 2014)

    06/12/2011 12:57:54 PM PDT · by SeekAndFind · 75 replies · 6+ views
    Hotair ^ | 06/11/2011 | Ed Morrisey
    Have you had a lot of fun watching the price of gasoline shoot out of sight this year at the pump? That will be just the appetizer. Thanks to new regulations from the Obama administration, power companies will shut down a significant number of coal-fired plants by 2014, and without any other reliable sources of mass-produced electricity, consumers will see their bills go up as much as 60% (via Instapundit and Newsalert): Consumers could see their electricity bills jump an estimated 40 to 60 percent in the next few years.The reason: Pending environmental regulations will make coal-fired generating plants, which...