EPA Regulations Could Raise Electric Bills
August 19th, 2014
By Heather Vaughan
Sanford, N.C.,- August 19, 2014- The U.S. Environmental Protection Agency (EPA) has proposed new regulations on existing power plants. The issue is complex, but the outcome is simple – if these proposed regulations are implemented, electricity prices will increase in North Carolina for all electric customers, including cooperative members.
The EPA has set a national goal for the reduction of greenhouse gas emissions by 30 percent by the year 2030. To meet this goal, the Agency has assigned a carbon reduction target to each state and tasked states with developing their own plans for achieving these targets. The regulations, as drafted, will require North Carolina to reduce emissions by 39 percent by 2030.
This ambitious target will affect utilities’ ability to produce affordable, reliable electricity. As written, the proposals would likely cause some coal-fired power plants to shut down. To meet demand for energy, new plants will need to be built, which will cost billions of dollars, and that cost will show up on consumers’ electric bills.
Central Electric has worked for years to incorporate renewable generation sources into our energy mix in a responsible way. Further, we are working with you to find more efficient ways to use electricity and keep your costs down. We advocate seeking a balanced solution that addresses environmental concerns but does not burden consumers with skyrocketing electric bills. Collectively with 25 other NC electric co-ops, we will be working with government officials to develop North Carolina’s plan to meet the mandated reductions and ensure that we can continue to provide our members with affordable, reliable power.
We know that your family and our economy depend on affordable electricity to power our communities. So we’re asking you to be a part of the conversation; send a message to the EPA at www.TellEPAnc.com. Tell the government you’re concerned these proposed regulations could have crippling effects on our communities. By working together, we can influence how these new policies will affect our communities and the cost of electricity.
Working together, we can make a difference. For ideas to help save energy and money now, visit www.TogetherWeSave.com or download the free app.