In the latest video from PragerU, Charles McConnell, former Assistant Secretary of Energy in the Obama Administration, addresses a question on many Americans’ minds: Why are utilities so expensive?
Though the price of natural gas has fallen by 43% and coal prices have dropped 11% since 2010, the price of electricity for residential users in the United States rose by 13% during the same period, McConnell notes. “Why does your electricity bill keep going up when the cost of producing electricity keeps going down?” he asks.
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