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Dear FreedomWorks Member,
On behalf of our 4 million activists nationwide and our several-thousand-strong membership in the great state of North Carolina, we urge you to call your state legislator and tell them to support House Bill 298, the Affordable and Reliable Energy Act.
This legislation would work to curb the effects of a government energy mandate, the Renewable Portfolio Standard (RPS).
Passed in 2007, the RPS forces North Carolinians to begin buying energy from inefficient and unreliable sources handpicked by the government. This began pushing electricity prices higher at the onset of the economic crisis. The qualified sources can often be 3 to 5 times as expensive as conventional energy sources that North Carolinians would use if the government chose not to interfere.
Since implementation of the RPS, electricity prices have increased annually at a 33 percent higher rate than years prior to 2007. In the meantime, states without an equivalent of North Carolina’s RPS have seen prices fall by 16 percent. This creates an enormous drag on the economy of North Carolina and reduces the competitiveness of businesses in the state. Over the period of implementation of the RPS law, disposable income in North Carolina is projected to drop by $56.8 million while industrial investment in the state will decrease by $43.2 million.
H298, the Affordable and Reliable Energy Act, will allow North Carolina to begin back down the road towards competitiveness in the energy market and the broader economy. North Carolinians deserve the same freedom that the citizens of many other states have: the freedom to purchase the most affordable and reliable energy available to power their homes and businesses.
For these reasons, I urge you to call your state representative and encourage them to stand against government mandates, support your economic liberty in the energy market, and support H298, the Affordable and Reliable Energy Act.
President & CEO