It’s only just begun. American households are suffering skyrocketing electricity costs thanks to President Barack Obama’s agenda. Already the average household pays an extra $120 a year.
But the worst is yet to come.
Thanks to EPA regulations that have been announced, the U.S. will lose 9 percent of our ability to generate electricity by the year 2030, even while population grows by 54 million people. That is 116% of the current population trying to get by on 91% of our current power.
Supply-and-demand dictates electric rates will climb higher and higher.
What does Obama suggest we do? Spend thousands of dollars per household to buy more energy-efficient appliances. You’ll pay more upfront but then you’ll use fewer kilowatts. But your utility bills will still climb because the cost per kilowatt-hour will be much higher.
Higher electric rates are Obama’s plan, not just an unforeseen consequence: