Earth Equity News

U.S. Electric Bill Down, But Not for Long. By Scott DeSavino, Reuters, August 25, 2009. "Many Americans have been getting a break on their electricity bills during the recession, but they should not expect the relief to last long as power demand recovers and climate regulations loom. Utilities in major markets like New York, Chicago and Texas lowered rates as the recession cut industrial and residential consumption and wholesale power costs during the first half of 2009 fell to the lowest levels in seven years. An expected economic recovery in 2010 and federal green energy regulations could push costs up again quickly, analysts and power companies said."