Sentences with phrase «which ratepayers»

This is in addition to any fluctuations in energy prices to which ratepayers are already vulnerable.
No doubt Ontario was also spilling hydro and steaming off Bruce Nuclear which ratepayers were also paying for on that windy October Sunday.
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.

Not exact matches

Those gas - fired plants were originally going to be built in Mississauga and Oakville until the Liberals cancelled them days before the 2011 election, which the auditor general said would cost ratepayers up to $ 1.1 billion.
«Today the Public Service Commission approved the Cuomo energy plan, which raises two critical questions: First, how much will the plan actually cost families and business ratepayers?
He said National Grid ratepayers would pay millions to retrofit the Dunkirk coal plant, which was slated to shut down, with equipment to burn natural gas.
Which they are leasing back to SWPCT at a return to the ratepayer of 7 % - half a percent higher than they were earning before.
Downstate lawmakers have complained that ratepayers in places like Long Island, which already has high power prices, are subsidizing the ailing upstate economy, although PSC officials note that the power goes into a statewide grid.
The lawmakers charge that Morgan Stanley set up an alleged price fixing scheme between the two plant operators and made $ 21.6 million on the deal which cost ratepayers $ 300 million.
If PRI lost enough business and became insolvent, any outstanding claims would be paid out of a state property and casualty guaranty fund that is funded by insurance companies — which in turn get the money from their ratepayers.
Democratic gubernatorial candidate Gwen Graham wants to put a stop to Florida utility ratepayers paying for nuclear power plants that were never built or which never worked, or for paying for fracking exploration in Florida.
In conversations with elected officials, PSEG representatives said they would bury the lines, but only if the town and local ratepayers shouldered the cost, which was estimated at $ 20 million or more.
After last year's announcement that Indian Point, which provides 25 percent of New York City and Westchester's electrical power, will start to close in 2020 and close entirely in 2021, Gov. Andrew Cuomo promised that «the state is fully prepared to replace the power generated by the plant at a negligible cost to ratepayers
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?
No investor - owned utility has yet dipped into its pool of ratepayer funds to subsidize the vehicles, which stand to increase electricity sales.
Shocks to ratepayers In fact, Japan's electricity prices are now among the highest in Asia, a condition created partly by high - priced renewables, but also by its heavy reliance on imported energy fuels following the closure of its nuclear plants, which provided 26 percent of the country's power before 2011.
In 2009 and 2010, Southern California Edison spent nearly $ 700 million — financed by ratepayers — to install two new steam generators, which were supposed to keep San Onofre's aging reactors running well into the future.
we need MORE POINT OF USE solutions — efficiency, smart metering and renewable generation, and LESS Big Energy Monopoly solutions which kill off ecosystems, force us from our own land, divert our taxpayer and ratepayer dollars into building their infrastructure, then hijack us!
OPG has sold over $ 2 bn in electricity to the U.S. over the last ten years, which is a huge benefit to Ontario ratepayers.
Meanwhile ratepayers were required to pay the GA ($ 113.03 / MWh average as at May 31, 2016) which created a subsidy for New York, Michigan, and others of $ 5.8 million.
The ACEEE report shows that we're making real progress in capturing cost - effective energy efficiencies, which helps reduce power bills for ratepayers and the need for more costly and less sustainable forms of energy generation.»
Put another way Ontario's ratepayers will be paying in excess of 40 cents per kWh, placing them on a par with Denmark, which suffers the highest cost of electricity in the developed world.
The ultimate cost to the ratepayer should be equal to the total revenue at the auctions which equals emissions times the allowance prices.
If the FIT payment rate is set to be higher than the utility avoided cost, it may incur additional costs which will need to be recovered (e.g. from ratepayers).
So the issues are very much broader than the trillions of taxpayer and ratepayer dollars which the states are being forced to devote to the misguided effort to tear down fossil fuel plants and replace them with much more expensive and much less reliable wind and solar plants which will have no measurable impact on climate or anything else other than the profits of the solar / wind industries.
For the Green Bank, which uses ratepayer funds to leverage private investment to help people buy clean energy systems, the plan would be to double the amount of ratepayer funding it gets — now about $ 27 million a year — for a few years.
Instead of cutting residents a break for helping solve the climate crisis, in state after state utility corporations — led by the American Legislative Exchange Council (ALEC) and the Edison Electric Institute (whose political advocacy efforts ratepayers actually underwrite)-- are passing legislation that pre-empts «net - metering» laws, which let customers sell their excess power back to the grid.
And this one, which is becoming more evident as ratepayers are forced to pay for curtailed generation: «Wind generation will not match demand in the OPO Outlook future projections as 50 % of the forecasted production is expected to be surplus.»
Natural gas and coal generators are currently suing New York over the ZEC program and its benefits to New York's nuclear program, which are estimated to cost ratepayers 3.2 cents / kWh.
What the Wynne / Thibeault announcement means is, ratepayers will pay for the intermittent and unreliable power for their 20 - year contracted term (s), and continue to pay for the same contracts which, by that time use equipment that will be heading for, or already in the scrap yard.
He's repeatedly called himself «free - market,» but he wants Ohio ratepayers to write a welfare check to the coal industry, which has operated in Ohio since 1800.
In 2015 the latter was 3.4 TWh which cost ratepayers $ 150 million.
In addition to the version of the Clean Power Plan modeled in the AEO 2016 Reference case, which examines mass - based compliance over new and existing sources with limited regional trading and allowance revenues rebated to ratepayers, EIA also modeled a number of sensitivities.
Each added day that this is not done results in added costs to electricity ratepayers, which can not be recovered.
Importantly, this 3 percent increase is limited just to electricity prices; EIA assumes that in the Clean Power Plan, electricity providers purchase CO2 allowances, the revenues of which are rebated to ratepayer bills (just as is currently done in Regional Greenhouse Gas Initiative states).
And imagine the damage that clearing forest land for transmission lines, which will cost Maine people billions, will inflict on taxpayers and ratepayers here.
As the state retires its aging fleet of coal power plants, it must decide which energy resources will best serve Ohio ratepayers over the coming decades.
NYSERDA is primarily funded by state ratepayers through the System Benefits Charge (SBC), which was established on May 20, 1996.
It's circular reasoning, and it's the same argument that we heard all last fall as part of the fact - free DOE FERC proposal, which boils down to this: our assets can't compete in the marketplace because they're too expensive, so you (meaning, the ratepayer) should pay us more money to stay online.
Germany built its solar program with a pricing mechanism called feed - in tariffs, in which money collected from ratepayers is used to buy surplus power from owners of rooftop photovoltaic arrays at a guaranteed price per kilowatt - hour.
The fact that American citizens are being assaulted with their own taxpayer and ratepayer money (which is subsidizing the building of these wind factories to the tune of 80 percent of the total costs), in the name of the failed «green» energy boondoggle of wind is shameful, and simply un-American.
Normally I am against taxpayers subsidizing infrastructure for new business, IE: Costco or Walmart, which must be made up by local ratepayers but this case is different.
The City is not entitled to cut off services such as electricity if ratepayers fail to pay that portion of their rates which they are disputing, nor may it threaten to do so.
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