Electricity prices on the rise due to closure of coal plants

electricity prices

BIRMINGHAM, Ala. (WIAT) — If you think your electric bill is high now, it is about to get worse. The government says the price of electricity is about to go up. Dozens of coal burning plants may shut down over the next three years because of tighter regulations and competition from cleaner sources like wind, solar and natural gas.

Coal produces 40% of the nation’s electricity. The energy department predicts power prices will increase 4% this year and an additional 13% by 2020.

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  • http://crowsnestpolitics.com/2014/06/17/prepare-america-for-more-pain-why-barack-obama-is-killing-our-nation/ PREPARE AMERICA for MORE PAIN-Why Barack Obama is killing our nation | Crows Nest Politics

    […] Energy and Economy; America derives over 40% of our electrical grid from coal powered electric plants. Barack Obama by directives to the EPA has begun shutting down […]

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