How the Clean Economy Act raises energy costs

Much of the electric and natural gas rate increases Virginians have been seeing—and will only continue to see increase after the recent storm—are due to the Clean Economy Act.

Gov. Abigail Spanberger “very much ran for election on those policies,” so the big question now is if she’ll do anything about the rate increases, said Steve Haner, a senior fellow for state and local tax policy at the Thomas Jefferson Institute for Public Policy.

“ People are about to get bills and, and it's going to shock them. And if you think the legislature's doing anything to make that cheaper, please lie down. You'll feel better. Because they're not. They're doing things that are going to make it more expensive.”

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