President Obama said electricity bills would “necessarily skyrocket” as a result of his energy policies. Rural Americans are about to find out how much.
At least six electric cooperative utilities across the U.S. mid-and-southwest could raise electricity rates up to 40 percent if the Environmental Protection Agency imposes new permitting regulations on coal-fired power plants.
The regulations would cost Deseret Power Electric Cooperative (DPEC) $200 million to install advanced equipment to qualify for a Clean Air Act Title V permit.
DPEC is made up of six rural electrical cooperatives that serve more than 45,000 customers in Utah, Nevada, Wyoming and Colorado. Rural cooperatives have been heavily opposed to excessive EPA regulations targeting coal plants, which they say raise rates for their customers.
“This could be true if EPA requires us to implement new regulations to meet Title V regulations,” Yankton Johnson, spokesman for Moon Lake Electric Association, told The Daily Caller News Foundation. Moon Lake is one of the six rural power cooperatives belonging to DPEC.
The EPA is currently deciding whether to apply Title V permitting requirements to DPEC’s Bonanza Power Plant, which is on Native American tribal lands in Utah.
“This will cost Deseret power approximately 200 million dollars in advanced equipment,” Johnson said. “Should this pass EPA it could cost 6 cooperatives up to a 40 percent rate increase to cover the cost.”
Full article: Rural Americans’ Power Bills Could Skyrocket 40 Percent Due To EPA Rules (The Daily Caller)