More than 80 local government leaders are making a last ditch effort to stop a plan that they say will cost electric
utility ratepayers billions of dollars.
It's also the date for an $ 8 billion bailout of some upstate nuclear power plants to begin, and more than 80 local government leaders are making a last - ditch effort to stop a plan that they say will cost electric
utility ratepayers billions of dollars.
Not exact matches
The bailout is expected to cost some $ 7.6
billion, borne by
utility ratepayers in New York.
And while he's at it, how about a pitch to explain why
ratepayers need to spend
billions more in
utility payments to prop up three plants built in the 1960s and which were headed for the scrap heap?
And to avoid brownouts and absorb these surges,
utilities will need to spend between $ 70
billion and $ 180
billion in grid upgrades — power plants and futuristic energy storage systems for which
ratepayers would ultimately foot the bill.
The
utility wants to recoup
billions from North Carolina
ratepayers to bury power lines, replace equipment, and install sensors to limit outages.
Utilities in the south that miss out on 2016 — The Year of the Wind aren't just missing out on a great opportunity for their
ratepayers, they risk losing
billions of dollars in wind energy savings as the tax benefits begin to phase out in 2017.
When
utilities come to the MPSC asking for $ 1
billion in
ratepayer dollars (including a guaranteed 10 percent rate of return), the MPSC must hold them to a high standard of proof that the investment is a smart one for
ratepayers.