talk.politics.misc

On Tue, 23 Oct 2007 09:15:24 -0400, Harry Hope
wrote:

>From The Associated Press, 10/22/07:
> /2007/10/22/news/economy/ / ?postversion=2007102214
>
>Electricity prices see biggest jump in 25 years
>
>WASHINGTON (AP) --
>
>The average retail price of electricity increased by more than 9
>percent last year, the largest jump in 25 years, the government said
>Monday.
>
>Electricity prices rose in 2006 by 10 percent or more in 14 states and
>the District of Columbia, according to an annual report released by
>the Energy Department's Energy Information Administration.
>
>The average price increase was the largest since 1981.
>
>Prices rose nationwide but most of the larger jumps were in the East,
>mainly due to the lifting of retail electricity price caps in states
>transitioning to competitive retail markets.
>
>That means consumers paid more from previous cost increases that had
>not been completely reflected while the caps were in place, according
>to the EIA.
>
>Households that use electricity are expected to pay $32, or 4 percent,
>more this winter, with the price of power climbing 2 percent to
>cents per kilowatt-hour, the EIA predicted earlier this month.
>
>Thirty percent of . households are heated by electricity.


Expensive oil and gas = expensive electricity.

Shoulda built a lot more nuke plants, eh ?