Look Out For Higher Electric Prices

From Charlie Sykes: Now comes this report that suggests that the president's environmental regulations will accomplish what he said cap and trade would do... jack up your electric bill by as much as 60 percent.
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 produce about half the nation's electricity, more expensive to operate. Many are expected to be shuttered.
The increases are expected to begin to appear in 2014, and policymakers already are scrambling to find cheap and reliable alternative power sources. If they are unsuccessful, consumers can expect further increases as more expensive forms of generation take on a greater share of the electricity load.
http://www.620wtmj.com/blogs/charliesykes/123743639.html
Well, in Las Vegas, Nevada Power is going to try and raise electrical rates 24% starting in January.
This has to be good news for President Obama and Harry Reid, but bad news for the rest of us.
And, oh by the way, how many jobs will be killed by a 24% rate increase? If there is an increase in electrical rates by business, do you think the businesses are going to eat the cost? Umm, no, they will either pass it on to the consumer or they will look at ways to lower other costs, mainly manpower.
So, once again the Democrats are brain dead when they want to close down coal fired electrical plants. They say they just want cleaner air, even though coal has been getting cleaner to burn. The Democrats are hanging their hat on green energy and green energy is more expensive and it has cost employees their jobs while green energy has provided few jobs in return.
The Democrats want cleaner air and they are willing to sacrifice tens of thousands of jobs to get their way.
This is one more reason why Obama will be a one term president.