Louisiana 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 Joe Cao (R-La.) has yet to state publicly where he stands on this measure – even as recent estimates suggest Louisiana 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 3.1 percent of Louisiana’s power, which would have to increase by 388.6 percent by 2020 to reach this 15 percent mandate.