Milder spring temperatures may be on the horizon, but not before another cold snap sweeps the nation. This winter, we’ve seen what can happen when a polar vortex strikes: consumers are asked to cut back on electricity, our power grids are stretched to the limit and natural gas prices skyrocket. Extreme temperatures have highlighted the problems associated with an over-reliance on any one fuel source, like natural gas, for baseload electricity.
Underscoring these problems, the Washington Post reported this morning that homeowners can expect to see particularly steep natural gas bills this winter. The article reports that a typical gas consumer may see a bill of $388, a 17 percent rate increase from just a year ago.
Despite these recent, real-world examples, the president and his EPA remain unfazed and are proceeding as planned to all but ensure that America doesn’t have the affordable, reliable energy it needs to keep the lights on and businesses running. Of course, American consumers will ultimately foot the bill for the president’s politically driven—and very costly—energy policy. And, based on recent data, we now know that low- and middle-income families are most vulnerable to increased energy costs, which often force them to choose between keeping their heat on and putting food on their tables.
The simple fact is that coal remains the most reliable, affordable energy source in America. Coal can be stored on-site and held in reserve, unlike natural gas, which is a “just-in-time” fuel that is piped in when needed and is susceptible to roller coaster prices. Using less coal, and instead relying too heavily on resources like natural gas, solar, wind and renewables, could undermine the reliability of our electric grid and threaten volatile price swings and overall higher bills for ratepayers.
It’s encouraging to see that our elected officials on Capitol Hill and in statehouses across the country are recognizing the dire consequences of this administration’s rulemaking—and taking action to stop it. The House Energy & Commerce Subcommittee on Energy and Power will hold a hearing this Thursday, February 27, to discuss American energy successes, as well as electric reliability and grid issues. The hearing is very timely, since temperatures across the country are expected to drop later this week—reinforcing the sobering lessons from this winter’s cold snap.
We’ll be live tweeting from the hearing, so be sure to tune in on Twitter for updates throughout the morning. And while you’re at it, sign our petition and tell EPA that coal must continue to be a part of America’s energy future.