Bishop Euphoria: Your Next Electric Bill Could Spike 15% Thanks to This Religious Energy Loophole
Religious groups are cashing in on a tax exemption that lets them sell power back to the grid without regulation, and it's hitting your wallet hard. A new report shows that dioceses across the country, riding a wave of "bishop euphoria" from solar panel investments, are driving up demand on local utilities—forcing companies to hike rates by up to 15% on everyday customers. The loophole? Nonprofits don't pay sales tax on equipment or profits, so they undercut commercial suppliers while passing the cost to you. Meanwhile, your next state rebate for going green just got slashed by $200 million after these tax breaks ate the budget. Check your bill: if you see a new "surcharge for nonprofit energy resale," that's the bishop euphoria hit.