A group of moderate Republicans have warned for months that their party’s plan to eliminate clean energy tax credits would contribute to utility bills skyrocketing.
Now, their predictions are coming true. And more Republicans are starting to openly worry that the issue could hurt them in next year’s midterm elections.
Electricity and heating bills around the country are soaring. Since last September, residential electricity rates nationwide increased by 7.4% – with over a dozen states seeing double digit increases year-over-year.