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Home»Business»State Regulator Blames Biden’s ‘Green New Deal’ For Massive Hike To Energy Bills
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State Regulator Blames Biden’s ‘Green New Deal’ For Massive Hike To Energy Bills

May 16, 2023No Comments2 Mins Read
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Electric utility company Georgia Power customers’ electric bills will substantially increase beginning in June, due in part to the Green New Deal policies promoted by President Joe Biden’s administration, according to Public Service Commissioner Lauren “Bubba” McDonald.

The Public Service Commission (PSC) unanimously voted to approve the company’s $6.6 billion fuel cost recovery plan on Tuesday, which allows it to recoup $2.1 billion in costs that were underestimated for coal and natural gas expenses, according to Georgia Recorder. “It’s the Green New Deal energy policy at the federal administration that is why we’re faced with these issues with the cost of gasoline, the cost of transportation of coal and every other product we have,” McDonald said in a PSC administrative session on Tuesday.

The average household will pay nearly $16 more per month over the next three years as a result, according to Georgia Recorder. (RELATED: AOC, Dems Team Up To Reintroduce Green New Deal Alongside Sweeping Health Package)

WASHINGTON, DC – APRIL 20: U.S. Rep. Ro Khanna (D-CA) (3rd L) speaks as Sen. Ed Markey (D-MA) (2nd L), Rep. Alexandria Ocasio-Cortez (D-NY) (R) and other participants listen during a news conference on the “Green New Deal” in front of the U.S. Capitol on April 20, 2023 in Washington, DC. (Photo by Alex Wong/Getty Images)

McDonald attributed the increase in the average price of natural gas — from $2.65 between 2016 and 2020 to almost $5 between 2021 and 2023 — to the policies of President Joe Biden’s administration.

“Just as Georgians paid higher prices at the gas pump in 2022, we also paid more for the natural gas used to generate the electricity needed to serve its customers,” Georgia Power said in a statement after the vote on Tuesday.

See also  ‘On Their Own’: GOP Rep On Ground In Israel Says Stranded Americans Are ‘Getting Nowhere’ With Biden State Dept

Georgia Power disconnected approximately 10% of its residential customers due to nonpayment, according to Georgia Recorder. The company sought reimbursement for additional fuel expenses it paid last year due to inflation causing an increase in natural gas prices and other electricity-generating energy sources for its 2.7 million customers.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Bidens BIlls Blames Deal energy Green hike Massive regulator State
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