March 17, 2014
HARRISONBURG-- Electric company officials are warning about a potential new regulation that would limit the amount of carbon dioxide companies can emit. Officials from SVEC warn the new regulation could increase customers' monthly bills.
The proposed regulation comes from President Obama, and would change a rule under the Clean Air Act. The president is using his executive powers to institute the change.
The plan is still in its early stages, but a representative from SVEC wants customers to be ready for any increases.
"Typically more staff has to be hired, additional equipment has to be purchased, et cetera," said Mike Aulgur, from the SVEC, as to why prices would be greater. "There's a good chance that those costs will be born, and then subsequently, those costs will be passed onto to our members."
Political analysts predict a long fight over this proposed change. Right now, it's not clear if carbon dioxide could be regulated under the Clean Air Act. Aulgur said SVEC will keep its customers up-to-date on the changes.