So now our lusterless leader has come up with another way to screw us and pass the savings along to his corporate buddies. He is attempting to "deregulate" electrical power transmission and turn it over to an open market. Sounds good, doesn't it?
Well the catch is that all of the rural electric co-operatives have had the ability to purchase electricity from federal dams at the cost of generation since their inception. Under the proposed new rules, they (meaing us, the consumers) would be forced to pay what the market will bear. Energy traders (like Enron) can purchase and re-sell that power for a hefty profit, thus driving the market up.
Our local coop is forecasting a 20% to 40% annual rise in electricity costs over the next three years.
Vote Republican and pass the KY!
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