Electricity costs have risen 5.5% in the past year, nearly double the national inflation rate. And they are projected to continue to climb. According to a new study, one driver of higher power bills is how the public is subsidizing the energy bills of some of the largest Tech companies in the world. Meanwhile cheap renewable energy (like solar and wind) is being outlawed by the Trump administration.
Electricity costs have risen 5.5% in the past year, nearly double the national inflation rate. And they are projected to continue to climb. According to a new study, one driver of higher power bills is how the public is subsidizing the energy bills of some of the largest Tech companies in the world. Meanwhile cheap renewable energy (like solar and wind) is being outlawed by the Trump administration.