From the days of Lexington and Concord, the Commonwealth of Massachusetts has often led our nation in new directions — and this appears to be the case with respect to renewable energy development as well. But according to a new report by the Beacon Hill Institute, Massachusetts’ 25 unique green energy mandates may cost Bay state residents dearly in the near future. The study notes that these regulations will drive electricity rates up 2.6 cents per kilowatt hour, which means an additional $1,600 per household and $15,000 per average-sized business. By 2028, costs will skyrocket even more – which may mean many Massachusetts residents may leave, as did their Pilgrim ancestors, to seek out a better place somewhere else.
November 14, 2012 by CFACT,
CFACT defends the environment and human welfare through facts, news, and analysis.