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U.S. Reports Significant Rise in Electricity Costs

Posted on October 10, 2014

EIA is showing that residential electric costs rose by an average of 3.2% over the past few months. More worrisome according to the article is that a number of coal-fired generation facilities have been mothballed recently, and if this upcoming winter is as cold as last year, prices will rise further—and may overwhelm the grid. Other recent articles have discussed that fact that last winter nearly lead to blackouts of the type only seen on the hottest summer days previously.

http://www.energybiz.com/article/14/10/us-reports-significant-rise-electricity-costs?utm_source=2014_10_10

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