Posted on 03/30/2015 6:03:13 AM PDT by bestintxas
There is never a good time for bad public policy. For few policies is this more evident than renewable energy mandates (REM), variously known as renewable portfolio standards, alternative energy standards and renewable energy standards.
The first renewable energy mandate was adopted in 1983, but most states did not impose these mandates until the 2000s. Though the details vary from state to state, in general, renewable energy mandates require utilities to provide a certain percentage of the electric power they supply from “renewable” sources, notably wind and solar, with the required percentages rising over time.
At the height of the renewable-energy mania, 30 states and the District of Columbia had imposed REMs and another seven had established voluntary standards.
Renewable energy mandate proponents included environmental lobbyists with a hatred for capitalism and fossil fuels that make modern society possible, crony socialists who saw the mandates as way of strong-arming exorbitant payments from government and ratepayers alike, and paternalistic politicians who look down on people’s choices in the marketplace, believing they know best what sources of energy people ought to choose.
Green-energy advocates, crony socialists and government elitists have seen their fortunes wax and wane over five decades. Government subsidies for unreliable, expensive renewable fuels had risen, fallen, been scrapped and begun anew since the 1970s. The existence and amount of subsidies tended to rise in fall with various energy crises — crises often created by the same government that then proposed subsidies for renewable energy as the solution for the problems it created.
For 50 years, green-energy gurus in industry and the environmental movement have sold the snake oil that renewable power would soon be as cheap and reliable as coal, oil, nuclear and natural gas.
(Excerpt) Read more at washingtontimes.com ...
Those smart politicians have been screwing the taxpayers bigtime.
/johnny
No surprise here... Obama said electric rates would necessarily skyrocket.
“I s exploding electricity different from regular electricity?”
Depends on the voltage and the current but in most typical
applications, no.
My blood pressure is at a boiling point when I look at my electric bill! Here is a breakdown and as you can see, fees/taxes are more than the actual use of electricity!
Charges for electricity services
Cost of electricity you used
Customer account charge $7.62
Delivery service charge $24.89
Environmental benefits surcharge $6.12
Federal environmental improvement surcharge $0.02
System benefits charge $2.74
Power supply adjustment* $0.82
Metering* $5.95
Meter reading* $1.98
Billing* $2.24
Generation of electricity on-peak* $33.15
Generation of electricity off-peak* $18.69
Federal transmission and ancillary services* $4.79
Federal transmission cost adjustment* $6.46
Four-Corners adjustment* $2.07
LFCR adjustor $1.12
Cost of electricity you used $118.66
Taxes and fees
Regulatory assessment $0.28
State sales tax $6.79
County sales tax $0.85
City sales tax $3.28
Franchise fee $2.38
Cost of electricity with taxes and fees $132.24
*
The political beauty of the mandates is that the “evil, greedy” electric company charges for them and gets the blame.
As corrupt as it was it was - it was a beautifully managed atrocity... tendril's everywhere... billions spent - accomplishing nothing - nothing beyond lining the pockets of elite scammers.
Chutzpah
I stand in awe of these criminals. (yes, sometimes we have to admire the corrupt - not agree with them, not assist them - but admire the sheer audacity of their corruption)
Wow I’m looking for a cut for Planned Parenthood in that list.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.