Louisiana’s SB 490 Would Increase Electricity Costs
According to an analysis by the Consumer Energy Alliance, SB 490 will raise energy bills by more than $16 per month ($200 a year), and would shift a greater share of grid cost to residential and small business customers.
Louisiana currently has the second lowest utility rates in the country.
But that could all change. If the state legislature passes Senate Bill 490, the average Louisiana household could see electricity bills increase by more than $16 per month or $200 a year, and force residential customers and small businesses to subsidize large industrial users. They tried this in California and now they have the highest rates in the country— with families paying the price.
AARP Louisiana Opposes SB 490
Andrew Muhl, AARP Louisiana, testifies that many of their members are on low or fixed incomes and need protection from legislation like SB 490 that could potentially raise rates.
