Utility Companies Exploit Green Policies, Electric Rates Soar
Submitted by MAGA
Posted 8 hours ago
**Unmasking the Green Grift: Why Our Electric Bills Keep Rising**
As consumers watch electric rates climb, the blame can be squarely placed on utility companies and misguided environmental policies.
For far too long, Americans have been told that renewable energy sources like wind and solar would result in lower electricity costs.
In reality, these options account for only a fraction of our power needs, with wind generating electricity just 30% of the time and solar a mere 20%.
During peak demand hours, typically from 5 to 9 PM, the reliance on these inconsistent sources leaves customers dependent on traditional fossil fuels like natural gas and coal to meet the demand.
The financial implications of this green initiative are staggering.
Utilities are compensated not only for the energy they supply but also for maintaining backup systems that ensure reliability when renewable sources fall short.
This setup creates a troubling scenario where Americans end up paying twice—once for the less reliable energy and again for the backup power to keep the lights on.
To add to the absurdity, renewable energy projects often benefit from substantial government subsidization, including a 50% tax break during their construction.
These subsidies artificially inflate the costs of electric bills, as utilities eagerly step into a scheme that guarantees profits while putting customer wallets at risk.
The combination of these practices has resulted in an electricity market where consumers are left with no choice but to shoulder those inflated costs.
In this convoluted setup, even as utility companies hastily shut down coal plants prematurely—leaving behind substantial debt—electric rates continue to push higher.
The data shows that while China and India build hundreds of coal plants to meet their energy needs affordably, American consumers are subjected to the pitfalls of a flawed green agenda.
Elected leaders must re-examine these policies and practices that have led to skyrocketing electric costs and fundamentally flawed energy reliance.
It is time to hold utilities accountable for their actions by promoting policies that prioritize renewable sources without sacrificing the reliability and affordability that consumers deserve.
Only then can we ensure that hard-working Americans are not punished for choosing a clean and effective electricity grid.
In the face of climate change hysteria, let us not forget that a balanced and pragmatic approach to energy policy is vital for the economic wellbeing of Americans.
Sources:
realclearpolicy.com
theblaze.com
thecentersquare.com
As consumers watch electric rates climb, the blame can be squarely placed on utility companies and misguided environmental policies.
For far too long, Americans have been told that renewable energy sources like wind and solar would result in lower electricity costs.
In reality, these options account for only a fraction of our power needs, with wind generating electricity just 30% of the time and solar a mere 20%.
During peak demand hours, typically from 5 to 9 PM, the reliance on these inconsistent sources leaves customers dependent on traditional fossil fuels like natural gas and coal to meet the demand.
The financial implications of this green initiative are staggering.
Utilities are compensated not only for the energy they supply but also for maintaining backup systems that ensure reliability when renewable sources fall short.
This setup creates a troubling scenario where Americans end up paying twice—once for the less reliable energy and again for the backup power to keep the lights on.
To add to the absurdity, renewable energy projects often benefit from substantial government subsidization, including a 50% tax break during their construction.
These subsidies artificially inflate the costs of electric bills, as utilities eagerly step into a scheme that guarantees profits while putting customer wallets at risk.
The combination of these practices has resulted in an electricity market where consumers are left with no choice but to shoulder those inflated costs.
In this convoluted setup, even as utility companies hastily shut down coal plants prematurely—leaving behind substantial debt—electric rates continue to push higher.
The data shows that while China and India build hundreds of coal plants to meet their energy needs affordably, American consumers are subjected to the pitfalls of a flawed green agenda.
Elected leaders must re-examine these policies and practices that have led to skyrocketing electric costs and fundamentally flawed energy reliance.
It is time to hold utilities accountable for their actions by promoting policies that prioritize renewable sources without sacrificing the reliability and affordability that consumers deserve.
Only then can we ensure that hard-working Americans are not punished for choosing a clean and effective electricity grid.
In the face of climate change hysteria, let us not forget that a balanced and pragmatic approach to energy policy is vital for the economic wellbeing of Americans.
Sources:
realclearpolicy.com
theblaze.com
thecentersquare.com
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