http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20071004/BUSINESS0...
COLUMBUS - Electric bills are going up whether lawmakers approve the governor's energy proposal or not, but they'll go up even more if legislators stick to a plan to increase requirements for renewable and advanced sources of energy, the chief of the FirstEnergy utility company said Thursday.
FirstEnergy CEO (Toledo Edison parent):"Under any scenario you go with, rates are going to increase,"
By paulhem - Posted on October 4th, 2007
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...by this? Costs are going up for everyone, including businesses...and to require investment in renewable or advanced sources of energy means even more costs - for a number of reasons, many valid.
My question is this: will you take into account the increase in your electric bills when voting on tax levies come November???
No surprise here, it should be obvious to anyone that energy costs are going to continue to rise rapidly given swelling global demand, constrained supplies of inputs, and lack of investment in generating capacity.
It will require a large investment in renewable and/or "advanced sources" of energy to meet 25% of our needs by 2025, but is this investment misguided? How much might it cost to maintain our reliance on the world's dwindling supply of oil, clean coal, and natural gas?
The best bang for the buck is simply to use less and invest in conservation measures. Take control of your bill; the relationship between unit costs and total monthly bill is only as inelastic as you allow it to be.
Regarding the levies, I'll vote for them on the basis of my perceived ROI not on the basis of threats from FirstEnergy about increasing electric rates.
Didn't Ohio deregulate the Energy Industry a few years back? Wasn't it supposed to spur competition and drive down costs?
Hmmm
"My question is this: will you take into account the increase in your electric bills when voting on tax levies come November???"
Why yes, yes I will.
It won't directly affect how I cast my vote for levies.
But certainly the fact that (in general) expenses are going up and my household income is stagnant will be taken into consideration. I'd lump the rise in electric bills along with all the other increasing costs these days - gas prices, insurance, etc.
Ha ha
...the increase in electric bills - along with everything else...