03-01-2011, 04:47 AM
The petroleum tie in was provided years ago as an incentive to a unique alternative energy development. It seems to have been a successful incentive. I do think that the success of the venture will lead, and is leading, to expansion of alternative energy sources such as geothermal. The state has clearly said so. Hopefully the time is approaching when the petroleum incentive can be abandoned and a reduction in electrical rates will be achieved... and still be profitable for the electrical utilities. The value of local resources versus imported resources is becoming very clear.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator