Comments - Does your legislator know these facts? - Citizens' Task Force on Wind Power - Maine2024-03-29T13:36:57Zhttps://www.windtaskforce.org/profiles/comment/feed?attachedTo=4401701%3ABlogPost%3A237578&xn_auth=noPPAs often are agreements bet…tag:www.windtaskforce.org,2022-03-30:4401701:Comment:2378272022-03-30T11:48:06.677ZWillem Posthttps://www.windtaskforce.org/profile/WillemPost942
<p>PPAs often are agreements between the VT-DPS and VT PUC and the utility on one side and the owners of heavily subsidized wind and solar projects.</p>
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<p>One of these subsidies is a 20 year PPA contract to sell the entire production to the utility at a price high enough, so the owner has at least a 9%/y net return on his investment during those 20 years, all as determined by spreadsheets, which are NEVER made public<br></br><br></br></p>
<p>The owner has absolutely no risk due to market…</p>
<p>PPAs often are agreements between the VT-DPS and VT PUC and the utility on one side and the owners of heavily subsidized wind and solar projects.</p>
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<p>One of these subsidies is a 20 year PPA contract to sell the entire production to the utility at a price high enough, so the owner has at least a 9%/y net return on his investment during those 20 years, all as determined by spreadsheets, which are NEVER made public<br/><br/></p>
<p>The owner has absolutely no risk due to market forces. He gets his money regardless.</p>
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<p>The subsidies of the wind and solar are front-loaded, as is traditional with tax shelters, so an owner collects almost all benefits in the first 5 years, curtesy of Wall Street lobbyists whispering into the ears of US Senators, to help their families and friends, and, no surprise, screw everyone else.</p>
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<p>AND THAT MY FRIENDS IS HOW WE FIGHT AND SACRIFICE FOR GLOBAL WARMING</p> Power Purchase Agreements ini…tag:www.windtaskforce.org,2022-03-27:4401701:Comment:2377762022-03-27T11:08:10.102ZDan McKayhttps://www.windtaskforce.org/profile/DanMcKay
<p>Power Purchase Agreements initiated in the legislative sessions which mandate the PUC to arrange contracts between CMP and Versant have all had prices about the wholesale market price. The contracts allow the investor-owned utilities to charge their ratepayers the difference between the contracted price and the wholesale price, which they do at a cost to the rate base in millions of dollars. </p>
<p>Power Purchase Agreements initiated in the legislative sessions which mandate the PUC to arrange contracts between CMP and Versant have all had prices about the wholesale market price. The contracts allow the investor-owned utilities to charge their ratepayers the difference between the contracted price and the wholesale price, which they do at a cost to the rate base in millions of dollars. </p> "Power Purchase Agreements" (…tag:www.windtaskforce.org,2022-03-27:4401701:Comment:2378082022-03-27T00:23:34.174ZArt Brigadeshttps://www.windtaskforce.org/profile/ArtBrigades
<p>"Power Purchase Agreements" (PPA) are not inherently bad. They are commonplace and can be beneficial to consumers. </p>
<p>But MANDATED PPAs to most-favored fad generators? Antithetical to competition. </p>
<p>The legislators have for years mandated that the PUC bids-out and enters-into PPAs with their pet wind and solar developers. </p>
<p>Subsidies are one head on the government-spawned A<b>mphisbaena. </b>Mandates are the other head. </p>
<p>In answer to your (rhetorical) closing…</p>
<p>"Power Purchase Agreements" (PPA) are not inherently bad. They are commonplace and can be beneficial to consumers. </p>
<p>But MANDATED PPAs to most-favored fad generators? Antithetical to competition. </p>
<p>The legislators have for years mandated that the PUC bids-out and enters-into PPAs with their pet wind and solar developers. </p>
<p>Subsidies are one head on the government-spawned A<b>mphisbaena. </b>Mandates are the other head. </p>
<p>In answer to your (rhetorical) closing question: no, and they don't want to know, and they wouldn't understand even if they did know. </p>
<p>Legislators should stick to fixing pot holes, funding schools, cops, etc. </p> The Mafia studies our governm…tag:www.windtaskforce.org,2022-03-26:4401701:Comment:2377402022-03-26T15:58:59.823ZThinklike A. Mountainhttps://www.windtaskforce.org/profile/ThinklikeAMountain
<p>The Mafia studies our government to learn crime<br></br> The average Joe has figured out D.C.'s Uniparty game: take one "ruling class" dedicated to power and money and nothing more, divide that small class of swindlers into two nearly identical political parties, pretend those two criminal cabals hate each other when the opposite is true, and present the American people with a choice-in-name-only every election. …<br></br></p>
<p>The Mafia studies our government to learn crime<br/> The average Joe has figured out D.C.'s Uniparty game: take one "ruling class" dedicated to power and money and nothing more, divide that small class of swindlers into two nearly identical political parties, pretend those two criminal cabals hate each other when the opposite is true, and present the American people with a choice-in-name-only every election. <br/> <a href="https://www.americanthinker.com/articles/2022/03/the_hostile_takeover_of_the_republican_party_will_continue.html" target="_blank">https://www.americanthinker.com/articles/2022/03/the_hostile_takeover_of_the_republican_party_will_continue.html</a></p> Victor Davis Hanson: The prop…tag:www.windtaskforce.org,2022-03-26:4401701:Comment:2375992022-03-26T15:48:51.657ZThinklike A. Mountainhttps://www.windtaskforce.org/profile/ThinklikeAMountain
<p><strong>Victor Davis Hanson:</strong><br/> <strong>The prophets of the new world order sowed the wind and they will soon reap the whirlwind of an angry public worn out by elite incompetence, arrogance, and ignorance.</strong><br/> <a href="https://amgreatness.com/2022/03/23/the-real-reset-is-coming/" target="_blank">https://amgreatness.com/2022/03/23/the-real-reset-is-coming/</a></p>
<p><strong>Victor Davis Hanson:</strong><br/> <strong>The prophets of the new world order sowed the wind and they will soon reap the whirlwind of an angry public worn out by elite incompetence, arrogance, and ignorance.</strong><br/> <a href="https://amgreatness.com/2022/03/23/the-real-reset-is-coming/" target="_blank">https://amgreatness.com/2022/03/23/the-real-reset-is-coming/</a></p>