A new report by Public Citizen shows that Ohio consumers will see lower electricity bills under the U.S. Environmental Protection Agency’s plan to cut carbon pollution.
In June 2014, the EPA introduced a proposal to curb carbon pollution from existing power plants, a critical step to address climate change in the U.S. The proposal, dubbed the Clean Power Plan, asks each state to design its own strategy to achieve carbon reduction targets by 2030 and is expected to be finalized by August 2015.
The EPA rule will require Ohio to reduce its carbon pollution by 29 percent by 2030. The Clean Power Plan presents a great opportunity for Ohio not just to fight climate change, but to lower electricity costs for consumers and boost its economy.
- Based on the EPA’s conservative data, by 2030, electricity bills will be 11 percent lower under the Clean Power Plan, saving the average Ohio household $144 annually. The reason is that Ohioans will use less electricity due to energy efficiency measures.
- Under the Clean Power Plan a typical Ohio household will pay roughly $1,140 for electricity in 2030; without the Clean Power Plan it will pay $1,284.
- Ohio could see even greater savings than the EPA’s data suggest because the agency omits entire categories of efficiency measures that states can use, such as building codes and appliance standards.