Study claims EPA’s Clean Power Plan may hike electricity prices in 47 states
Critics of the Environmental Protection Agency‘s Clean Power Plan say the new regulation will cost up to $292 billion and potentially raise electricity prices in 47 states.
“States should be braced to pay higher costs,” said Laura Sheehan, senior vice president for communications for the American Coalition for Clean Coal Electricity. “Consumers only lose in the Clean Power Plan.”
The numbers came from NERA Economic Consulting, a firm based in Boston that said it used state-of-the-art economic modeling to get its results.