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Purdue Group Says Electric Bills To Make A Big Jump

electric meter
electric meter

A Purdue University research group says that they expect electricity rates in Indiana to climb over the next decade.

The group says that they expect a nearly 32 percent spike.

If you want some one to blame, then look no further than your elected representatives in Washington.

New federal pollution restrictions on coal fired power plants, as well as the cost of new plants will push costs up since Indiana gets nearly 80% of it power from inexpensive coal.

Some experts say that demand might fall as more people switch to more energy efficient devices.

Recently it was announced that the coal fired Duke Energy Plant in northern Vigo County would all but shut down due to increased environmental restrictions.