07-08-2012, 09:08 PM
Here is what utility customers should expect to pay for electricity if Obama should win a second term.
Right now Kentucky Power Company customers pay about .17 cents per kilowatt hour. That equates to $171.00 per megawatt hour. According to recent warnings aired on TV, a megawatt hour of power will cost over $350.00 by 2016. So here is the comparison. The average customer uses around 1800 KWH a month which presently costs him about $307.80. By 2016 those same 1800 KWH will cost $642.60. Folks, that's a rise of 109% between now and 2016.
If one uses that model to calculate household expenses across the board, keeping in mind the not so veiled threat by Energy Secretary Steven Chu, who asserted at one point he believed "gas prices should be as high as they are in Europe," a whopping 8 dollars a gallon in some cases, most things will more than double by 2016. And that doesn't allow for the ObamaCare nightmare.
BHO---Apr 5, 2012 ... Here's one line that President Barack Obama might want to rewind: “Under my plan … electricity rates would necessarily skyrocket.”
We have no reason to think he won't make good on his declaration. Maybe some of our liberal democrat supporters can make a good case for voting to reelect Mr Obama in light of this self fulfilling prophesy. But, as for me and my house, we will be voting for Romney.
Right now Kentucky Power Company customers pay about .17 cents per kilowatt hour. That equates to $171.00 per megawatt hour. According to recent warnings aired on TV, a megawatt hour of power will cost over $350.00 by 2016. So here is the comparison. The average customer uses around 1800 KWH a month which presently costs him about $307.80. By 2016 those same 1800 KWH will cost $642.60. Folks, that's a rise of 109% between now and 2016.
If one uses that model to calculate household expenses across the board, keeping in mind the not so veiled threat by Energy Secretary Steven Chu, who asserted at one point he believed "gas prices should be as high as they are in Europe," a whopping 8 dollars a gallon in some cases, most things will more than double by 2016. And that doesn't allow for the ObamaCare nightmare.
BHO---Apr 5, 2012 ... Here's one line that President Barack Obama might want to rewind: “Under my plan … electricity rates would necessarily skyrocket.”
We have no reason to think he won't make good on his declaration. Maybe some of our liberal democrat supporters can make a good case for voting to reelect Mr Obama in light of this self fulfilling prophesy. But, as for me and my house, we will be voting for Romney.