Obama Set to Cost Each of Us Hundreds a Year in Higher Electric Costs?

Well, now that he’s had the opportunity to put into place just some of the new rules and regulations he wants — and he’s only pushed through a tiny bit of what he really wants, indeed — we are already seeing the results of his attack on us.

This isn’t just affecting out-of-date plants owned by FirstEnergy, either.

Douglas Gotham, director of the State Utility Forecasting Group, for instance, says that rates hikes are on the way in Indiana, as well, and all because of Obama’s onerous new EPA regulations.

“Due to the federal regulatory focus on emissions from coal-fired generators, Indiana is expected to experience larger price increases than projected on a regional or national level.”

This is exactly what Obama wanted. Remember in 2007 when he sat down with the San Francisco Chronicle and told us all that he wanted to bankrupt the coal industry and that our rates would “necessarily skyrocket”?

Well, his plans are succeeding. Prices are indeed “skyrocketing.” Worse, jobs are being lost.