"A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region"
About this Quote
The specific intent is to make energy regulation feel less like governance and more like an extraction scheme. “Average increase” signals broad exposure, not a niche hit to heavy industry. “In the region” localizes the harm, a nod to Walden’s political base and a reminder that the people paying are not faceless “ratepayers” but constituents with payrolls and mortgages. The precision - $1.7 billion, $1.3 billion, 13,000 jobs - performs credibility. It suggests spreadsheet objectivity while quietly smuggling in all the choices that make such models swing: the time horizon, assumptions about fuel prices, demand elasticity, and whether costs are offset by innovation or health benefits.
The subtext is a familiar power move in energy fights: put opponents on the defensive. If you support the policy being criticized, you’re not merely pro-environment or pro-modernization; you’re, by implication, pro-pay-cut and anti-job. Walden is leveraging economic anxiety as a veto, turning uncertainty into a rhetorical certainty that’s hard to debate in a sound bite.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Walden, Greg. (2026, January 16). A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region. FixQuotes. https://fixquotes.com/quotes/a-17-billion-average-increase-in-electricity-82459/
Chicago Style
Walden, Greg. "A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/a-17-billion-average-increase-in-electricity-82459/.
MLA Style (9th ed.)
"A $1.7 billion average increase in electricity costs is estimated to result in a $1.3 billion decrease in personal income and a loss of 13,000 more jobs in the region." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/a-17-billion-average-increase-in-electricity-82459/. Accessed 21 Feb. 2026.
