Annual Increase in Electricity Costs
(based on the Stern Review's recommended carbon price of $85 per ton)
State | Cost at 100% Auction (in millions) | Increase in Electricity Costs per Capita |
.Alabama | 7124.6 | $1,528.26 |
.Alaska | 367.5 | $535.49 |
.Arizona | 4365.3 | $671.57 |
.Arkansas | 2240.6 | $784.69 |
.California | 4647.8 | $126.45 |
.Colorado | 3471.5 | $702.81 |
.Connecticut | 981 | $280.19 |
.Delaware | 19.9 | $22.79 |
.District of Columbia | 578.4 | $977.30 |
.Florida | 11077.6 | $604.40 |
.Georgia | 7586.5 | $783.26 |
.Hawaii | 767.6 | $595.87 |
.Idaho | 113.4 | $74.42 |
.Illinois | 8567.2 | $664.04 |
.Indiana | 10378 | $1,627.46 |
.Iowa | 3417.6 | $1,138.23 |
.Kansas | 3199.6 | $1,141.84 |
.Kentucky | 7677.1 | $1,798.23 |
.Louisiana | 4853.6 | $1,100.39 |
.Maine | 599.9 | $455.69 |
.Maryland | 2832.7 | $502.82 |
.Massachusetts | 2279.6 | $350.82 |
.Michigan | 6691.7 | $668.94 |
.Minnesota | 3304.7 | $633.04 |
.Mississippi | 2137.4 | $727.35 |
.Missouri | 6785.5 | $1,147.83 |
.Montana | 1661.7 | $1,717.63 |
.Nebraska | 1876.7 | $1,052.30 |
.Nevada | 2206.1 | $848.45 |
.New Hampshire | 694.1 | $527.51 |
.New Jersey | 1793.8 | $206.60 |
.New Mexico | 2782.9 | $1,402.42 |
.New York | 5137.8 | $263.61 |
.North Carolina | 6450.7 | $699.46 |
.North Dakota | 2790.8 | $4,350.56 |
.Ohio | 11205.6 | $975.60 |
.Oklahoma | 4373.3 | $1,200.68 |
.Oregon | 762.1 | $201.08 |
.Pennsylvania | 10770.6 | $865.23 |
.Rhode Island | 221.2 | $210.51 |
.South Carolina | 3473.7 | $775.41 |
.South Dakota | 280.5 | $348.80 |
.Tennessee | 5090 | $819.00 |
.Texas | 21986.2 | $903.78 |
.Utah | 3052.4 | $1,115.47 |
.Vermont | 1.2 | $1.93 |
.Virginia | 4055.2 | $521.97 |
.Washington | 1267.1 | $193.47 |
.West Virginia | 7207.6 | $3,972.29 |
.Wisconsin | 4587.4 | $815.11 |
.Wyoming | 3861.6 | $7,249.54 |
Recommended
Source: Committee on Ways & Means Republican Staff analysis
At a Ways and Means hearing today, Congressman Camp questioned Congressional Budget Office Director Dr. Douglas Elmendorf about the impact of this policy on consumers in other ways as well. As Dr. Elmendorf said, “at any point in which we are putting a price on carbon emissions, that would be passed through to the cost that consumers face on energy products but also all other products that are made using fossil fuels….I don’t know if there are any goods that use no energy in their production. It seems to me unlikely.”The President’s energy tax is a policy we simply can't afford.
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