EPA’s rule will have a devastating effect on American families, destroying millions of jobs and slashing personal incomes. Instead, allowing free markets to keep energy prices low and select reliable generation resources is a better option.
Access to affordable, reliable electricity is crucial to modern life. Electricity prices are a big deal for American families and businesses because higher energy prices can lead to severely negative economic consequences. A recent study commissioned by the National Rural Electric Cooperative Association (NRECA) assesses the impact of higher electricity rates on economic growth and employment by simulating a 10 percent and 25 percent increase in electricity prices.