Maine Senate president aims to cap electric rates

"Maine Senate president aims to cap electric rates"


AUGUSTA, Maine — An effort to cap electric rates in Maine at 10 cents per kilowatt hour or less likely will go to a vote by the Legislature’s Energy Committee on Tuesday.

     But the bill, LD 1339, by Senate President Mike Thibodeau, R-Winterport, also calls for the suspension of the state’s renewable energy portfolio requirements if suppliers cannot provide a 10-cent rate while meeting the portfolio requirements.


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Comment by Eric A. Tuttle on January 20, 2016 at 8:30am

[food for thought]

This sounds like an increase to 10¢ per KWH to me, given that delivery is another fee added to this and generally exceeds the product cost on CMP's grid, are we looking at 20¢ with this bill? Though it says OR LESS, that would soon be justified away to the upper limit.  Something that both CMP and Emera, would add to their stash of cash while seeking justification to have yet another increase for the so called Reliability Upgrades? 

With such an excess of generation in this state from all sources combined at greater than twice what Maine needs a cap at 6-7 cents per KWH would be a step in the right direction, if it were true that Wind and Solar did NOT add to the cost of power to Maine's electric rates. With each new bill presented where energy is an issue there always seems to be a profit to be had for the corporations.

LD 1513 (a dangerous bill in many ways) will open the floodgates if passed, LD 1339 will open a door to justify yet another increase.

Comment by Martha thacker on January 19, 2016 at 10:33pm

"But the bill, LD 1339, by Senate President Mike Thibodeau, R-Winterport, also calls for the suspension of the state’s renewable energy portfolio requirements if suppliers cannot provide a 10-cent rate while meeting the portfolio requirements."

What does this mean?

Comment by Eric A. Tuttle on January 19, 2016 at 6:38pm

Source link corrected. 

 

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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