Obama Set to Cost Each of Us Hundreds a Year in Higher Electric Costs

-By Warner Todd Huston

Barack Obama’s avalanche of needless regulations on coal-fueled power plants are going into effect and the net result will be the closing of hundreds of power plants all across the country just when our need for power is increasing. This will absolutely necessitate the cost of our power to skyrocket. But, this is exactly what he wants. He wants to rape us for our power. He said so from the beginning.

Well, now that he’s had the opportunity to put into place just some of the new rules and regulations he wants — and he’s only pushed through a tiny bit of what he really wants, indeed — we are already seeing the results of his attack on us.

Look to Ohio, Pennsylvania, and Maryland where six coal-fueled power plants are being shut down by FirstEnergy because the retrofitting the power plants will have to undergo to satisfy Obama’s whims is just too expensive to justify.
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Obama Set to Cost Each of Us Hundreds a Year in Higher Electric Costs”


PG&E Wants Higher Rates Even While Collecting Millions for Improvements Never Made?

-By Warner Todd Huston

Since the several disastrous accidents that claimed the lives of too many Californians, Pacific Gas & Electric has been fighting criticism over its dismal safety record. In response, the energy provider cried poor and said it needed billions for upgrades and repairs and wanted ratepayers to pay even more for its services. But a new report says that PG&E collected millions from ratepayers for repairs and improvements that it never actually made.

Early last year PG&E got a large rate increase, but by August the energy provider was at it again asking for an additional $2.2 billion for upgrades, repairs, and improving its explosion-prone delivery system, a cost to be born on the backs of the ratepayers.

This January, though, the California Public Utility Commission (CPUC) reported that PG&E has already collected half a billion dollars that was supposed to go to these repairs and upgrades yet the repairs were never made.
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PG&E Wants Higher Rates Even While Collecting Millions for Improvements Never Made?”