New York Won’t Allow Cost Of Green Energy Mandates To Appear On Power Bills

New York regulators shot down plans to list on utility bills how much extra customers will pay under the state’s new Clean Energy Standard (CES).

Utilities including Con Edison, Orange & Rockland Utilities, National Grid, and Central Hudson Gas & Electric asked to add a line to customers’ bills showing how much CES would cost and allowing them to see where their money is going. However, the state’s Public Service Commission (PSC) prevented this at Democratic Gov. Andrew Cuomo’s urging.

PSC said that instead of telling customers how much they were paying, utilities would comply with CES “through existing supply mechanisms and bill lines” to “maintain general consistency among the Utilities” and to “limit customer confusion.”

State law requires utilities to only charge rates that the PSC sets, so they had little choice but to comply with the organization’s attempts to hide the standard’s cost. The total cost of the new green standard will be about $360 million during 2017 rising to $500 million the next year.

Cuomo repeatedly pledged to reduce New York’s carbon dioxide (CO2) emissions with the goal of slowing global warming. The governor created a $5 billion fund to reduce CO2 emissions by spending money on wind and solar power. Ironically, the state will give $360 million to a handful of wind and solar power companies, one of which donated money to Cuomo’s re-election campaign.

Green energy subsidies in New York are worth more than double existing federal subsidies. Federal green energy tax credits are worth $23 per megawatt-hour of power, while state subsidies are valued at up to $47.24 per megawatt-hour.

New York Independent System Operator (NYISO), the state’s power grid regulator, sharply criticized Cuomo’s plan to boost state green energy use, saying it could cause blackouts and would make it hard to ensure reliable electricity. NYISO also noted Cuomo’s plan would require the state to triple its installed wind-energy capacity and add more solar panels than the combined capacity of Spain and Australia in just 14 years.

In July, NYISO issued a public comment saying Cuomo’s plans would be hard to execute and could cause blackouts.

Cuomo’s green energy czar responded by saying that NYISO was being “held captive” by special interests and lacks “understanding into the imperative to address climate change.” Cuomo repeatedly pledged to reduce New York’s carbon dioxide (CO2) emissions with the goal of slowing global warming and directed state regulators in December to come up with a plan to power New York with 50 percent green energy by 2030. The governor created a $5 billion fund to spend money on wind and solar power.

Read rest…

Comments (3)

  • Avatar

    Amber

    |

    At least CON -Edison is appropriately named . To chicken to show customers the green guilt rip off on their utility bills . SAD and so ineffective . Isn’t the green blob message
    all about “sending a price signal ” ? Hiding it in the “cost of carbon ” is cowardly and deceitful but it does confirm the truth . The save the planet tax is nothing but another excuse for a tax tax wrapped in green guilt . It will do virtually nothing in volatile energy markets so they like to hide it hoping people will forget how they are being ripped off .
    Just remember the political class and their grant seeking pals are the ones responsible when the fuel poverty deaths start to pile up in New York State’s latest population control strategy . You know weed out the poorest and weakest … but in a civil manner . People have a right to see what taxes they are being charged .

  • Avatar

    G

    |

    PAY NO ATTENTION TO THAT MAN BEHIND THE CURTAIN!!!!.. The Green Oz has spoken!!!

  • Avatar

    ninetyninepct

    |

    How much is Cuomo personally being paid under the table? Millions? How much?

Comments are closed