High Energy costs due to OBAMA’S illegal EPA’S new regulations and taxes along with stagnant incomes are straining budgets of KY’s lower & middle class families. KY households with annual incomes below $50,000, representing about 58% of KY’S households. The average American family will spend $479.33 per month (annual $5752) on energy costs in 2014. Energy bills for KY’s poorest households, about 180,000 families earning less than $10,000 represent 69% of their income, before accounting for any energy assistance programs. Increased energy costs are competing with other necessities for lower & middle family budgets across KY. The increased energy costs effect seniors on Social Security which account for 1/3 of Kentucky households. The price of energy will continue to go up because OBAMA’S EPA will not stop until KY COAL INDUSTRY is destroyed! EPA will force the closing of 1/3 coal power plants in the next 5 years. 89% of these plants were the plants kept energy levels maintained during the POLAR VORTEX. Once these are closed, what happens when the GRID is overburdened? Rolling Brown outs & Black outs mean electricity loss for Americans. Kentuckians can expect a 40% increase in electric rates to due the EPA new $25 billion cost to implement all the EPA regulations. 70% of the disposable income of people below the poverty line due to higher electricity which is means the DEMOCRATS are purposely HARMING THE POOR & the MIDDLE CLASS! redstate/diary/alecstates/2014/09/10/epa-proposed-regulation-would-significantly-hurt-access-to-electricity/
Posted on: Thu, 30 Oct 2014 14:54:28 +0000
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