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Home Market Research Markets

New Senate Tax Plan Could Spike Your Power Bill by 10%

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 1 min read
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New Senate Tax Plan Could Spike Your Power Bill by 10%
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The Senate’s latest tax bill could hit your wallet through higher electricity bills. Buried on page 558 of the proposed legislation is a new excise tax on wind and solar projects that energy experts warn could increase consumer electricity prices by 8% to 10%. If your electricity comes from renewable sources, even in part, you could see real dollars disappear from your monthly budget.



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