Reduce energy costs in the United States: is it approaching that?

By Jake Morabito

Upon returning to the White House, President Trump immediately described a vision for a new “Golden Age of America”, without overvalued by American innovation and the US energy domain. If we hope to restore the manufacture, win the global career of AI, boost the automotive industry and increase our housing supply, we need to increase our energy supply and fast.

Today, many communities are literally paying the price for bad policy elections. For example, new Jerseayanes are preparing for next 20% increase in electricity rates This summer, while Wyoming, Idaho and Utah residents constantly pay a price fraction For power.

But what led to this clear dichotomy in energy affordableness in the first place? There are some clear tendencies in the data that help explain why Americans in New England are often charged almost double that the United West United States for their electricity.

To help make sense of the United States Energy Panorama, the American Legislative Exchange Council (Alec) has just published its annual classification of energy affordability in the states, studying the practical effects of state legislation on electricity prices.

Setting Assaes The Geographic Outliers of Alaska and Hawaii, The 10 States With The Most Expensive Average Electricity Prices – California, Massachusetts, Connecticut, New Hampshire, Rhode Island, New York, Maine, Vermont, New Jersey, and Maryland – Have All enacted impractical Clean Energy Mandates, there subscribe to the regional Greenhouse Gas initiative or comparable Cap-And-Trade Regime, and there policies required by the State that subsidize renewable energies.

Meanwhile, the best 10 states for energy affordableness: Wyoming, North Dakota, Idaho, Utah, Nebraska, Washington, Oregon, Iowa, North Carolina and Western Virginia) provide a different path. These states have largely implemented more market -based policies, resulting in a diverse and competitive combination of generation sources that increase reliability and consistency in rates.

Of the most affordable states, Solo Oregon participates in a limit program, five states refused to impose renewable portfolio standards in their electricity production, and three states have more friendly policies in the net measurement that cargo taxpayers avoid.

In Idaho, just over half of the state’s electricity is derived from conventional hydroelectric energy, a quarter comes from natural gas and the last quarter results from a combination of wind, solar energy and wood. The state of Gem plays with its regional strengths and avoids strict government policies that artificially increase the cost of generation or subject to heavy carbon residents.

The new research of Alec confirms what many policy formulators and industry leaders have warned for years: too much government interference in the energy market leads to higher energy costs for all. State legislators must implement policies that avoid preferring a favored energy source, such as wind in the high seas, and instead follow the combination of energy required by residents and taxpayers in a competitive market.

TO Bipartisan Group of Governors Of states such as Virginia Occidental, Oklahoma and Pennsylvania is also exploring how laws such as the National Environmental Policy Law (NEPA) could be reformed to accelerate the permits process, simplify the development of infrastructure and increase resistance and consistency throughout the grill. This will help accelerate the development of new and very necessary projects using a range of generation sources, from solar and wind to natural and even nuclear gas.

And finally, legislators in states such as New Jersey should reconsider whether participation in the regional greenhouse gases, renewable portfolio standards and net measurement are still the best for their voters.

The states must now act with a new production and an expanded network capacity to support the next electricity demand. Unfortunately, many states have followed wrong progressive policies that have contributed directly to the highest prices of energy for years. These policies have left these states with a fragile energy infrastructure that does not meet the daily needs of taxpayers.

By incorporating proven policies solutions into a competitive energy market, state leaders can unlock the potential of latent energy and natural natural resources of the United States, offer abundant power to families that cool their homes or travel to work, and equip our businesses to succeed in our evolutionary economy. This approach will encourage the affordability and reliability of energy for all Americans.

The erosion of our energy infrastructure due to progressive activism was completely avoidable. It must be corrected quickly for the United States to fulfill the promise of a golden age and maintain its position as the most prosperous and productive economy in the world.

Jake Morabito is a senior director of the Energy, Environment and Agriculture Task Force of the American Legislative Exchange Council (Alec).

This article was originally published by Realclearegy and made available through Realclearwire.