The electric chickens have come home to roost

For years, energy experts warned us that regulations and policies that reduce the supply of affordable conventional energy would result in higher prices for American families.

Now it is clear the warnings were well-founded. The USA Today recently reported that electricity bills have skyrocketed.

The newspaper reports that American families paid, on average, a record $1,419 a year for electricity in 2010. Demand for electricity remains high even as energy supplies shrink. In addition, prices are rising due to the cost of meeting excessive EPA regulations that target conventional energy sources...