What would lower Electric Rates mean for Delaware’s Economy?
From the CRI Center for Energy Competitiveness:
The first city in Delaware to significantly lower electricity rates will see an economic boom. America is seeing an industrial renaissance as companies move operations back from overseas to realize lower transportation costs, better quality, and to escape rising labor costs elsewhere. There are more manufacturing jobs in the U.S. now than before the recession began. Delaware is still losing jobs as companies bypass us and existing companies leave, partially because electricity rates are 50% higher than the national average.
Read the entire report by David T. Stevenson here. (PDF)
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