Rural Americans’ Electricity Bills Could Skyrocket 40 Percent Due to New Regulations
(Daily Caller / Worthy News)– President Obama said electricity bills would “necessarily skyrocket” as a result of his energy policies. Rural Americans are about to find out how much.
At least six electric cooperative utilities across the U.S. mid-and-southwest could raise electricity rates up to 40 percent if the Environmental Protection Agency imposes new permitting regulations on coal-fired power plants.
The regulations would cost Deseret Power Electric Cooperative (DPEC) $200 million to install advanced equipment to qualify for a Clean Air Act Title V permit.
DPEC is made up of six rural electrical cooperatives that serve more than 45,000 customers in Utah, Nevada, Wyoming and Colorado. Rural cooperatives have been heavily opposed to excessive EPA regulations targeting coal plants, which they say raise rates for their customers.