Be Thankful for Affordable Energy


If you’re one of the tens of millions of Americans traveling across the country this year for Thanksgiving and are looking forward to spending time with family, eating a turkey dinner early in the afternoon and watching football, you have a lot for which to be thankful.  However for many Americans, these luxuries are exactly that… they’re luxuries, and they come second to their immediate pocketbook concerns, like paying energy bills, putting food on the table, getting needed medicine and more.

For nearly the past decade, the Obama Administration and its partners at EPA have instituted restrictive energy policies and regulations on power plants and electricity generating units, dictating a one-sized-fits-all approach from Washington and dramatically impacting the way in which Americans power their homes.  These policies have driven up costs across the board, and for those already struggling to make ends meet, the thought of paying for increasing energy bills makes an already stressful situation worse.

According to a recent study on energy expenditures by American families, lower-income families spend a larger percentage of their budgets on energy than higher income families and, therefore, increases in energy costs, especially electricity, have a greater impact on lower-income families. Since 2005, national average electricity prices have increased by 33% in current dollars, and by 7% in constant 2005 dollars. A portion of this increase is due to compliance costs associated with Clean Air Act and other environmental regulations.

So if you’re worried about increasing energy costs and dread the potential for any conversation about politics that tends to take place during Thanksgiving (especially after an exceptionally contentious election season), there’s a bit of good news: the new administration, with the backing of a strengthened Congress, has pledged to roll back the crippling energy regulations that have hamstrung the budgets of American families for years, leaving a little extra cash in everyone’s pockets for this costly time of year.

So this year, as you consider what to be thankful for, keep in mind the role affordable, reliable coal plays in keeping our energy costs low.

Join America’s Power Army

AmericasPower @AmericasPower

We agree with @FERC Chairman Kevin McIntyre that #resilience of our bulk power system needs to be a priority. Whole… //

AmericasPower @AmericasPower

RT @EnergyFairness: // PACE recognizes two efforts to promote fuel diversity, one by @RepLarryBucshon and another by @…

AmericasPower @AmericasPower

.@FERChatterjee says grid #resilience is one of the most important issues for @FERC to address “in a generation.” A… //

AmericasPower @AmericasPower

The Electricity Reliability & Fuel Security Act's tax credit is estimated to prevent the retirement of as much as 2… //

AmericasPower @AmericasPower

More than 1/3 of our #coalfleet has retired or plans to retire. @RepLarryBucshon explains in @WSJOpinion why tax cr… //

America's Power
America's PowerMar 3 at 1:46am
In The Wall Street Journal this week, Rep. Larry Bucshon explains the need for a level playing field among electric generation resources and why tax credits are needed to prevent further retirements of our reliable coal fleet.