Said Rep. Mimi Walters, “Mister Speaker, I rise today in support of H.R. 2042, the Ratepayer Protection Act.
“This bill would protect states and families from EPA regulatory overreach and significant spikes in electricity costs.
“Last June, the EPA proposed a rule for existing power plants, known as the ‘Clean Power Plan.’ This rule would mandate new carbon reduction goals for each state – effectively changing the way electricity is generated, distributed, and consumed in the United States.
“The economic impact of this rule is very troubling – it could mean increased electricity costs and reduced reliability for consumers. In fact, under the Clean Power Plan, electricity rates would increase by an average of 15% in a majority of states.
“This bill would protect ratepayers and exempt states from complying with the rule until all judicial reviews are complete. It would also allow governors to opt out of compliance with the rule if there would be a significant impact on the state’s ratepayers.
“Mister Speaker, I urge my colleagues to join me in supporting this bipartisan, common-sense bill. I yield back.”
Walters represents California’s 45th District and sits on the House Transportation and Infrastructure and Judiciary Committees.