Study: Expect your power bill to climb

power lines - electricity_20100624142817_JPG

(Photo by David Silverman/Getty Images)

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Posted: 06/05/2012

NEW YORK - A new survey says you can expect to pay more for electricity.

About 500 utility executives weighed in for the survey by a consulting and construction firm.

More than 90% said people can expect their monthly power bills to go up.

About half of them said the bills would rise “significantly.”

That means bills going up about 10% or so.

They blame rules requiring the use of more renewable energy and mandating a cut in pollution from coal-fired power plants.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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