Friday, April 29, 2022

The Cost of "Green"

While the local Pravda headline would place the blame on WE Energies, the fact is that this is all "green" cost.

WEC Energy Group is seeking approval from state regulators to increase its electric rates between 5% and 6%, or about $60 to $72, for the typical residential customer, starting in 2023. 

The increase will affect We Energies customers and WPS customers. The last time WEC Energy Group asked for a rate increase was in 2019....

The relevant facts about "green" begin to show up in paragraph FOURTEEN, but not until graf SEVENTEEN do we get this:

...WEC Energy officials told the Public Service Commission on Thursday, that WPS needs to recover $290 million and We Energies needs to recover $835 million for renewable energy projects approved or pending approval in 2022. ...

Yes.  Sunshine will replace actual reliable power, and it will "save money" downtrack.  Because.  (Why?  Because you may not have electricity when it's cloudy, so you save money!!  See??)

Sunshine is also being blown  up your ass, friends.  First, there is no "typical customer."  Rest assured that you will pay a LOT more than the headline numbers in that story.  An old friend who worked at WE would break out laughing when 'typical customer' came up.  He referred to that customer as "a myth."  Second, as we mention above, steady, reliable power comes only from coal and/or natgas plants--except for the tiny bit which is hydro.

Here's a question:  what has your "conservative" rep in the state-house or in Congress done about this?

Recession coming, food costs to the ceiling, and now, "Green"!! 

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