Americans Face Double-Digit Hikes in Electricity Bills to Fund Upgrades – The Daily Beast

Posted on Oct 7, 2011

 

 

“From Alaska to Georgia and Wyoming to Florida, utilities are seeking permission to pass on hundreds of millions of dollars in new charges to customers to help upgrade aging infrastructure and build new or retrofitted power plants that comply with tougher environmental regulations, a Daily Beast review of regulatory filings has found. The influx of requests, many still pending before state regulators, has left energy experts convinced that electricity prices will be on the rise for the foreseeable future as the industry struggles to modernize its aging infrastructure.”

via Americans Face Double-Digit Hikes in Electricity Bills to Fund Upgrades – The Daily Beast.