“In fact, the price of electricity has already been rising over the last decade, jumping by double digits in many states, even after accounting for inflation. In California, residential electricity prices shot up 30% between 2006 and 2012, adjusted for inflation, according to Energy Department figures. Experts in the state’s energy markets project the price could jump an additional 47% over the next 15 years.”
Why are electric prices rising? It’s because even though we pay so much in taxes, the American power grid is not being upgraded.
“Regulators set rates; utilities get guaranteed returns; investors get sure-thing dividends. It’s a model that hasn’t changed much since Thomas Edison invented the light bulb. And it’s doomed to obsolescence.”
“The Dangers of Using an Unprotected and Outdated Power Grid System
“According to security experts, there are certain steps that can be taken now to protect the grid, including making an investment in additional equipment. ”
Obama, the EPA, and big businesses are also shutting down power plants all over America.
“Report: EPA rules to shut down more than 280 coal-fired units”
“Brayton Point Power Station in Somerset, Massachusetts. That’s the 150th U.S. coal-powered generating plant to go that route [shut down] since the beginning of 2010.”
Obama promised to bankrupt the coal industry.
Coal plants produce a large amount of our electricity. Keep being stupid and naive America. The NWO will bankrupt you all very soon.