Berkeley Chamber of Commerce News

Can Your Business Handle a 50% Increase in Your Electricity Bills?

Posted by Berkeley Chamber of Commerce on May 23, 2014 in Government Affairs
Comments Off on Can Your Business Handle a 50% Increase in Your Electricity Bills?

Can Your Business Handle a 50% Increase in Your Electricity Bills?

Needed… Energy Reliability, Fuel Diversity, Fuel Security, Rate Stability
EPA’s new climate regulations could ban existing coal plants by requiring carbon dioxide (CO2) emissions to be eliminated through technology that’s not commercially viable and prohibitively expensive leading to higher rates and decreased reliability.

Help us tell EPA that we want a common sense approach.
Visit www.action.coop today!
What this means to you…
Decreased reliability of energy for your business = Loss of employee productivity, loss of product or services, increased expenses.
• Barely kept lights on during polar vortex in many areas across country
• Without coal plants currently scheduled for shutdown next year, lights go off for some during extreme weather
• Gas units a current alternative; (even though it still omits 50% less CO2 emissions) but in extreme weather they have their own problems with attaining sufficient fuel to operate
• Renewable energy is not reliable when needed the most

Higher rates, higher bills = increased costs, lower margins, increased consumer pricing
• Loss of low-cost baseload power
• The bill for existing coal plants still needs to be paid
• Gas rates are volatile and as demand increases, so does cost
• Renewable energy is expensive

What this means to our community…
• Businesses leave or shutdown
• Loss of jobs
• Consumer’s lose spending money decreases as they tighten up purse strings to overcome their energy increases
• A downturn in the local and national economy
• Communities die

Can Your Business Handle a 50% Increase in Your Electricity Bills?

If you have questions or would like the issue explained in more detail to you or your employees, please contact Berkeley Electric Cooperative LeisaS@bec.coop or call 843-719-8531.

Can Your Business Handle a 50% Increase in Your Electricity Bills?