Talked with a gentleman at church today who works in management for a local coal-fired power plant. He says they are in the process of getting two new scrubbers for their plant, under the new energy regulations. According to him, the cost will be 1.3 billion per unit and they estimate this will add 40 cents more per kilowatt hour to customers' bills. This will start sometime in 2013.
That's not all. He says that in the meetings he has been in, they are really concerned about being able to exist at all in the future because of loosing so much manufacturing business (evidently residential isn't enough to keep them going). Although this plant is in SWI, their electricity goes to northern Indiana and Michigan.
One thing about it, Obama said electric prices would "skyrocket" necessarily under his plan. Looks like he actually kept his word on that one.
How deeply would an extra 40 cents per kw/hour affect you?
That's not all. He says that in the meetings he has been in, they are really concerned about being able to exist at all in the future because of loosing so much manufacturing business (evidently residential isn't enough to keep them going). Although this plant is in SWI, their electricity goes to northern Indiana and Michigan.
One thing about it, Obama said electric prices would "skyrocket" necessarily under his plan. Looks like he actually kept his word on that one.
How deeply would an extra 40 cents per kw/hour affect you?