If you want a good example how bad government can kill good jobs and clean energy innovation, take a look at what’s happening in Nevada, where a decision by Governor Brian Sandoval’s appointees, pushed by NV Energy Inc., essentially killed the thriving local solar energy industry.
In December 2015, Gov. Sandoval’s Public Utilities Commission (PUCN) approved a new net metering rule for people with rooftop solar systems that significantly increases monthly fees they pay their utility and significantly decreases the value of unused energy they sell back to the grid. Under the new rule, rooftop solar owners do not receive payments for the benefits they provide the electric grid and it will simply take too long to recoup a solar investment so that, for most, solar will no longer be a smart financial move. Solar companies are already running for the border.
And if killing jobs wasn’t enough, PUCN’s new rule is retroactive, essentially pulling the economic rug out from under the 17,000 Nevadans who have already invested in solar systems based on existing rules. In some cases, people who have invested tens of thousands of dollars are immediately underwater; it may take them decades to see a financial return on their investment. That is, unless Nevada decides to grandfather all existing solar customers for 20 years (a vote by the PUCN is scheduled for tomorrow). Read More
I’ve always been proud to be from Illinois. As a Midwestern girl who went out East for college, I spoke often about the wonders of my hometown of Chicago: from our miles of gorgeous public lakefront, to our proud history as the home of the first skyscraper. We have a scrappy side, too. As a city that rebuilt itself from scratch after the Great Chicago Fire of 1871, we’ve always worn the title, ‘Second City’ as a badge of honor (and a chip on our shoulder, when it’s used as anything but a compliment).
The west is rightly known for mountain views and desert vistas. Many of these landscapes are managed by the U.S. Department of Interior’s Bureau of Land Management (BLM) on behalf of all Americans. But something else is a major part of the region as well – tens of thousands of oil and gas wells and their associated infrastructure.
California’s “big three” utilities, at the behest of state regulators, are in the process of examining and improving how they price electricity, including something called
FirstEnergy’s plea to keep four aging power plants alive will cost Ohio customers almost $4 billion, according to a new study out today by the Institute for Energy Economics and Financial Analysis (IEEFA). The proposal is currently in front of the Public Utilities Commission of Ohio (PUCO).
Ohio utilities FirstEnergy and AEP, as readers of this blog know too well, want the Buckeye State to bail out their uneconomic power plants. Combined, their proposals before the Public Utilities Commission of Ohio (PUCO) would run Ohioans nearly $6 billion in increased costs. We understand where the companies’ greedy desire for subsidies comes from, but the arguments for them have become downright silly.