Wednesday, October 28, 2015

The Value Of Backing The Highest Cost Electricity.

See, the powerful Canadian cabal Entergy warn us about. They control both political parties...

Long term overpriced contracts are not in the public interest. 

Remember the natural gas fracking miracle...it is going to drive down electric prices for the next two decades. 

All the teabagger electricity interest always favors the highest price electricity that sets the price for the rest of energy sources. Baker and Dean's political interest always backs the highest energy source price. It is a policy that backs the collusion of all the electric energy sources. And high electricity prices always favors the profits of the electric utilities. Now you know the magic why all the politicians favors the highest cost electricity.     
Former Vt. Gov. Howard Dean backs Gov. Charlie Baker's hydropower bill 
By Shira Schoenberg | sschoenberg@repub.com masslive.com
on October 28, 2015 at 1:36 PM
BOSTON - Former Vermont governor Howard Dean met with Massachusetts Gov. Charlie Baker for an hour at his Statehouse office on Wednesday, as Dean threw his weight behind Baker's proposal to increase the use of hydropower in Massachusetts. 
The event was a unique bipartisan moment, with Dean, the former 2004 Democratic presidential candidate and chairman of the Democratic National Committee, supporting a proposal by Baker, a Republican governor.
"Isn't it nice to do something bipartisan in an election year?" Dean quipped. 
Baker's bill would require utilities to solicit long-term contracts for hydroelectric power. So rather than buying electricity daily, the utility could sign a contract with a supplier for several months. The legislation would authorize utilities in Massachusetts to work with utilities in Connecticut and Rhode Island to buy power together. The goal would be to allow Massachusetts utilities to get better rates on hydroelectric power by buying in bulk. 
Baker's legislation, which is being considered by the Democratic-controlled Legislature, has taken on increased urgency with the news that the Pilgrim Nuclear Power Station plans to close by 2019, which will require the state to come up with a way to replace the lost power.
Vermont faced a similar situation with the 2014 closure of the Vermont Yankee nuclear power plant. Dean, who was governor from 1991 to 2003, and the governors before and after him, have all signed contracts to import Canadian hydropower. Vermont also has its own…. hydroelectric generation facilities. According to a Vermont-based renewable energy group, in 2013, 20 percent of Vermont's electricity generation was produced from hydroelectric power…
 

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