Senate Republicans who oppose President Barack Obama's newly imposed power plant regulations, which were announced earlier this week, have signed a letter to the White House urging the president to repeal the rule.

On Monday, the Environmental Protection Agency announced the new federal regulations, which requires power plants to reduce its carbon dioxide emissions by 30 percent before 2030. Each state differs in emissions reduction targets, according to Fox News.

The GOP lawmakers argued that the president and EPA plan would cut American jobs in the utility industry, including coal-fired plants and coal mines, while increasing energy prices consumers would struggle to pay for.

Sen. David Vitter, R-La., raised the concerns in written statement in which he accused President Obama of "pushing a far-left environmental agenda."

"Mostly, I'm concerned about the American families and businesses who are going to have to deal with the severe financial effects of the president's rule. It's all, no gain," Vitter said. "Clearly, this administration prioritizes pushing a far-left environmental agenda over providing affordable, reliable electricity across the country."

Over the next 15 years, states such as Texas would have to reduce emissions 39 percent, which make would make up one-quarter of the total U.S. emissions reductions, Bloomberg reported. However, Kentucky and West Virginia, which rely heavily on coal power, are only required to reduce emissions by half as much as Texas.

Senate Minority Leader Mitch McConnell, R-Ky., has remained staunchly against any carbon dioxide regulation as the EPA estimates that 19 percent of the U.S. coal power plant capacity would shut down and coal production would fall by 28 percent, Fox reported.

"This Obama administration national energy tax would ship middle class jobs overseas, shatter our manufacturing base, and drive up energy costs for families and especially families in Kentucky," McConnell said in a statement.

The EPA's prediction that electricity prices will rise to 6 or 7 percent by 2020 and then an additional 3 percent by 2030 has caused some states to worry.

In Georgia, Republican chairman Chuck Eaton of the Georgia Public Service Commission said he faces the tough dilemma of having to bill his Georgian citizens.

"I have a real problem with pretending it's not going to have an effect on electric rates," Eaton said. "They make the rules, and I'm the one having to hand Georgians the bill."