05-15-2019, 08:16 AM
In no one's lifetime has PGV "lowered" the costs of electricity.......Who exactly is lying?
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PGV has asked that the PUC avoided cost of oil rule be dismissed and allow them to sell at a reduced rate.
One might ask, "Why would they desire to sell electricity at a lower rate?"
If they are allowed to sell the electricity at a lower rate, any new competitors wanting to build a power plant to sell to HELCO (think burning Eucalyptus trees) would have to be able to match or be very close in price or the PUC would deny them the plant as not being in the consumers' best interest. It is a smart move on PGV's part as they have stated that they would be happy to sell at around 10-11 cents per KWH. None of the other renewable technologies including solar, can come anywhere near this. The PUC would then be able to allow PGV to expand production.
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PGV has asked that the PUC avoided cost of oil rule be dismissed and allow them to sell at a reduced rate.
One might ask, "Why would they desire to sell electricity at a lower rate?"
If they are allowed to sell the electricity at a lower rate, any new competitors wanting to build a power plant to sell to HELCO (think burning Eucalyptus trees) would have to be able to match or be very close in price or the PUC would deny them the plant as not being in the consumers' best interest. It is a smart move on PGV's part as they have stated that they would be happy to sell at around 10-11 cents per KWH. None of the other renewable technologies including solar, can come anywhere near this. The PUC would then be able to allow PGV to expand production.