$110,010,350 or 0,944 cents per kilowatt hour
Report from Maine PUC:
Annual Report on New Renewable Resource Portfolio Requirement
The cost to continue the support of renewable projects, mostly existing projects, some having been in service since 2008, set a new record for Maine ratepayers, totaling $110,010,350 for 2024, which comes to 0.944 cents per kilowatt hour. Of course, Commisssioner Bartlett and OPA Sanborn want you to know natural gas prices are the reason electricity supply prices are getting higher. Since 2008, this program has cost Maine ratepayers over $471 million dollars, all going to generators that should be competing in the market without subsidies; that are prolonged to the extent that these generators are paid better through this support mechanism than the market they are also willing to suck money from.
The absurdity does not stop with this wealth destorying support program. RGGI, a carbon tax assessed on natural gas power plants has cost ratepayers nearly $300 million dollars since inception, most all that goes into the coffers of the long time bureaucracy, Efficiency Maine Trust(EMT). Shouldn't EMT have accomplished all the efficiencies of electricity required by Maine, by now? EMT has also received $475 million dollars from ratepayers in a separate program that applies up to a 4% surcharge on electricity bills.
RGGI payments from natural gas plants add $9 to $10 per every megawatt hour they produce which is and has been for years around 50% of all New England electricity produced, and will be for many years forward. All generators, even the poor renewable generators get this extra $9 to $10 per megawatt hour.
These programs, Renewable Project Support, RGGI and EMT have added $1.25 billion dollars to Maine electric bills. Add another $769 million from Net Energy Billing and the costs exceed $2 billion dollars.
These programs prolong the pain to ratepayers as the Renewable Project Support continues to add projects on top of existing projects to the portfolio and has no end date. This, in spite of the fact natural gas production has not deceased. RGGI is designed to decrease allowable carbon dixoide emissions from natural gas plants annually, so the costs due to undersupply keeps going up.
And EMT is not worth the money, and ever since the federal money to them has dried up, they are now charging Maine ratepayers more to keep their bloated budget intact. They even make money from ratepayer money and keep it for themselves.
Net Energy Billing is an illegal, failed pyramid scheme and monetary reparations to all Maine ratepayers is the proper course for it's elimination.
The PUC Report can be found on the PUC website: https://www.maine.gov/mpuc/sites/maine.gov.mpuc/files/inline-files/...
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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