Keeping electricity prices low is in the best interest of all Americans. Thank you for taking the first step in helping our cause.
According to a recent survey, high energy prices already have forced more than 40 percent of low-income seniors to go without needed medical or dental care, and even to skip meals or shut off the heat on cold days.
It may seem odd to be predicting another energy price spike since oil, natural gas and coal prices have all fallen recently. But it’s not the market that will be driving prices higher. It’s politics.
The U.S. Environmental Protection Agency has announced a plan to cut carbon dioxide emissions from America’s power plants by 30 percent by 2030. The U.S. relies on coal for 40 percent of our electricity because it is a reliable and affordable energy source that keeps our electricity prices low and predictable. Already, previous EPA regulations are forcing the closure of many of the coal-fired power plants that utilities have relied on to meet the surge in demand during cold winter months. EPA’s costly power plan will shut down another sizable segment of that low-cost electricity if the plan goes forward as proposed.