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Virginia electricity rates to sky rocket under plan pending before Congress
Washington, DC – With only days remaining until the U.S. House of Representatives casts an historic up-or-down vote on one of the largest tax hikes in the history of Congress, Congressman Tom Perriello (D-Va.) has yet to state publicly where he stands on this measure – even as recent estimates suggest Virginia families could be among the hardest hit.
Under this proposal, the federal government would mandate increased use of expensive, unreliable forms of power, which currently represent a mere 2.8 percent of the nation’s overall electricity usage. In total, less efficient renewable electricity accounts for 3 percent of Virginia’s power, which would have to increase by 408.5 percent by 2020 to reach this 15 percent mandate.
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The American Energy Alliance (“AEA”) is a not-for-profit organization formed to engage in public policy advocacy and debate, and legislative and executive-branch advocacy, concerning the function, operation and government regulation of global energy markets.
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