NAVIGATION
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NEWS TIPS!RightMichigan.com
Who are the NERD fund donors Mr Snyder?Tweets about "#RightMi, -YoungLibertyMI, -dennislennox,"
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Upton had better come through..By JGillman, Section News
Or we have problems.
According to the Wall Street Journal, Michigan will start paying even MORE for its energy.. and Not just trifling amounts, with the Federal Energy Regulatory Commission placing a $300 million to $500 million annual surtax on the state's electric utility bills.
On December 16, the FERC Chairman announced new rules that would socialize the cost of transmission lines across 13 states in the Midwest, including our own.
According to the Journal, the scheme is arguably unconstitutional, as it enables states with renewable standards to export the costs of those policies to other states without these laws. They ask
"Why should a factory in Pontiac, Michigan subsidize the wind energy costs of a plant in Elgin, Illinois? Michigan has a renewable energy standard, but it is already complying through instate renewables." Indeed.. The WSJ Pointed out that the governors of at least 15 Western and Northeastern states have sent a letter to Congress objecting to the socializing of costs, to complain that the pricing plans would make electricity more expensive. But the FERC Chair has rebuffed Michigan's plea to exclude the state from the cost-sharing plan. They opine:
"We hope that Fred Upton of Michigan, who will soon chair the House Energy and Commerce Committee, is paying attention. FERC is required under the Federal Power Act to set prices that are "just and reasonable." If Mr. Wellinghoff The FERC chairman) has his way, the people of Michigan and potentially residents and businesses in at least half of all other states are going to receive electric bills that are unjust, unreasonable and a lot more expensive." So Michigan gets roped in to pay as much as $4 billion for power lines to carry electricity it doesn't need. All because wind power can't compete with other forms of energy without this massive subsidy (as the wind industry has admitted). And if you think this is the end, there is fully two more years of the current administration that has already shown it will ignore congress and dictatorially mandate it's "change."
Upton had better come through.. | 4 comments (4 topical, 0 hidden)
Upton had better come through.. | 4 comments (4 topical, 0 hidden)
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