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Send this story to a friend  send story 		Feds: Power Prices Headed 'Significantly Higher'
Friday, June 20, 2008
WASHINGTON -(Dow Jones)- Federal regulators on Thursday warned that the U.S. appears to be heading into a period of "significantly higher power prices that will last for years."

The Federal Energy Regulatory Commission said that higher fuel costs and rising costs for the construction of new power plants are the two main forces that will drive prices higher.

"We're looking at continued upward pressure on electricity prices," said FERC Chairman Joseph Kelliher.

Note: Click here to read this article in SmartMoney
Also in Energy in the News:
· Bloomberg Offers Windmill Power Plan   (08/20/08)
· US takes wind-power lead   (07/23/08)
· Gore sets energy goal for 2018   (07/18/08)


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