Read a frightening story about electricity soaring because of the EPA shutting down so many coal plant. DirectorBlue (Doug Ross) has a superb summary of recent updates on the colossal increase in electricity prices being imposed by the Obama EPA. With the ongoing and prospective shutdown of coal-fired generating plants throughout the Northeast, the recent power-capacity auction for the year 2015 produced a market-clearing price of $136 per megawatt, or eight times the price from the 2012 capacity auction. Imagine the average $120 or so monthly electric bill of Northeasterners exploding to $960 a month. The 500-700% increase would produce average bills running from $600-720 a month. Via HotAir.com
This is the price that the electric companies have actually committed to pay and not a forecast or estimate. If you can start getting some solar panels and some propane for some dual fuel fridge and freezers because this is one of Obama’s promises that is already coming true. the US government is slapping a tariff on foreign made solar panels so those will jump in price soon. Get a few small panels at least so you can put a small solar array together later if not now. Newer RV fridges can run on propane, and both 12 volt DC and 120 volt AC power and if you can power a fridge for 6 hours per day it should keep cold enough for perishable food. Get some of those little solar lamps for the yard you can get them for $1.00- $2.00 each and you can have a safe nightlight and they have a rechargeable battery, usually AA you can use in flashlights and small electronic gadgets. If you have a car you can get a small 400 watt inverter and use that as a charging station or generator for low wattage items. Plus charge up your laptop and phones.
This will have a huge effect on the cost of everything and some Government Energy folks are already forecasting rolling blackouts for coal dependent states. Think about Hospitals, grocery stores with their huge banks of freezers and coolers, plus any factories and businesses. These guys can’t really cut back on energy use. Heck look what happens in an unexpected power outage. Traffic lights, ATMs and Cash register stop working, and people start loosing it after a very short time. How long will the water and sewer plants work without constant electricity? and how much do you think those service will rise as cities and towns try to keep them going no matter the cost of power?
Get to thinking on how you can adapt now by keeping cash always on hand for shopping, keeping the gas tank half full or more and practice it now and it won’t be such a shock if or when it does happen. Of course there will be more you can do to adapt as all of us preppers are finding out.