Thanks, You Greenie-Commie So and So! Americans Face Double-Digit Hikes in Electricity Bills to Fund Upgrades

The reason? environmental regulations

Americans Face Double-Digit Hikes in Electricity Bills to Fund Upgrades - The Daily Beast

Oct 5, 2011

Utilities across the country need more money for grid updates and pollution controls, and are passing the huge bill on to consumers. Laura Colarusso on why electricity bills are rising.

Already weary of high gas prices and 9.1 percent unemployment, many Americans are about to get another kick in the wallet thanks to large increases in their electricity bills.

..,For instance, close to three million customers in parts of Virginia, Kentucky, Ohio, and West Virginia that get their electricity from American Electric Power have seen their rates increase between 48 and 88 percent over the last few years. Those rates are expected to rise an additional 10 to 35 percent in the next three years. The reason? AEP officials are quick to blame environmental regulations that they say are going to cost the company $8 billion in compliance and upgrades.

...