Consultant, Connecticut Yankee. Did journalism on four continents covering war, politics, finance and energy. Fan of facts. Enemy of doublespeak & b.s.
Great to get on the air with @reporterjon to talk about the citizen's revolt over the invasive Flock Camera systems slipped in the backdoor via a municipal bond request. Safety is important, but the essential liberties Americans enjoy and others envy must be protected at all costs. Milford's people are showing up bipartisanly and reminding everyone that it's government for the people, by the people. Connecticut, stand up and say no. https://t.co/1VshPLdn4t
Happy Labor Day.
The last time the United States was 100% renewable was around 1850.
Life expectancy was also 39.4 years.
Thanks to the workers in our industry, the complainers have each been given an extra 36.7 years to complain about how bad we are for humanity.
The assessment that New England has been geographically cut off by New York’s refusal to permit pipelines is correct. However - we are not talking about LNG (liquefied natural gas) - that’s how we ship gas overseas. Just talking about regular pipelines. And yes the cost savings would make it to us because it would smooth the structural supply-demand imbalance our lack of pipeline capacity creates.
The president, energy secretary, and governors of Connecticut and New York have all now acknowledged the need to expand the existing natural gas pipeline capacity from the west. This isn’t a nice-to-have, it’s an economic necessity. ISO-NE estimated that demand for electricity will increase about 70% by 2040, but supply is highly in question. Natural gas is the lowest cost and base load source of power for our region, but it faces a bottleneck of supply in the winter. Since 2000, increased reliance on nat gas vs. oil and coal also helped New Eng. reduce its emissions by 50% and improve air quality! Expanding the existing capacity on the pipeline could increase power supply by 3GW or more (25GW is peak demand now) and be the difference between rolling blackouts vs. warm homes in the winter—to say nothing of rate shock vs. affordability. Let’s get it done together for the sake of Connecticut—and all of the northeastern US.
This Pennsylvania barbershop is helping children build their confidence, paying young customers $3 to read stories aloud while getting a haircut deserves unlimited retweets..
Very happy to see @EdMahony and the @hartfordcourant laying down the factual thunder on an important story for every one of us who pays an electric bill in CT. Ed was already a giant of #Connecticut#journalism when I was a cub reporter in New Britain nearly 30 years ago.
There's a good reason not to attack journalists doing their job right, as happened in the op-ed mentioned in this blockbuster story by @EdMahony As my former bureau chief used to say of critics, "Tell them we buy ink by the barrel." #Connecticut#energy https://t.co/COOsQnpyNn
The #Connecticut Range War between the state and the utilities is open warfare, with crops burning and Connecticut's people caught in the crossfire. We need to bring the temperature down so the state that invented the submarine and the wristwatch can bring you affordable electricity.
@JCherrySparks Maybe that's not the last challenge we have. Ask yourself why environmental groups refuse everything except wind and solar power - when 83% of our nation's energy comes from oil, gas or coal. Not going to be replaced overnight. https://t.co/9ILGy2Mquu
The last challenge we have in CT is the ghost of Enron Corp., which persuaded us to separate our electricity supply cost from the cost to maintain wires and poles. Right before its record bankruptcy, the only real profit #Enron was making was from power/gas trading. Both are more profitable when prices are volatile. Deregulate, and voila, more volatility=higher prices for us. The utilties have nothing to do with that portion of the bill.
This is accurate but Public Benefits also covers the costs of nuclear power from the Millstone plant the state legislature agreed to. The utilities in Connecticut only charge for wires and poles - transmission and delivery -- the usage cost is subject to market forces on our deregulated New England power market. That is something #Enron helped bring here over two decades ago. @wallstreetapes - thanks for bringing this to the nation's attention.
WOW listen to this: Woman in Connecticut breaks down her Electric Bill for 1 month
“I'm gonna show you the craziest thing I've ever seen in my entire life. You ready? This is our electric bill for one month”
They’re charging people “a thing called public benefits. This is for the people who can't pay for their electric bill, and we pay for it”
The fee is as much as her usage, “So I am paying to keep somebody else's lights on. Excuse me, what… Make it make sense”
Total for one month = $1,113.11 and it’s basically ALL fees
She’s shows you the bill and breaks it down:
It was my privilege to testify before the Connecticut General Assembly's Energy and Technology Committee on behalf of @CEAorg. Our state has a long history of invention and innovation from the submarine to the lobster roll to anesthesia, yet our electricity prices are among the nation's highest. Bank of America recently dubbed Connecticut's utility regulatory environment as "probably" the worst in the U.S. after every single utility in the state had its credit rating downgraded, as the result of negative rate decisions from @CT_PURA. Our major utilities have now sued the regulator over allegations the law was not followed in getting to some of those decisions. In the staid world of utility regulation, this is open warfare. Something has to give if the people of #Connecticut are to get relief and return to a thriving economy instead of bleeding manufacturers and losing people and jobs to other states. I appreciate the Committee's efforts to start the conversation about changes for the better and look forward to collaborating with them to make it happen. Thank you Sen. @ryanfazio for your remarks. https://t.co/FAqhDlktT5
@SuperNicol@ryanfazio@SuperNicol Great point about how energy prices affect everything and often take two bites from the taxpayer's wallet. Affordable, reliable energy is the essential for a strong economy, good schools and everything we work for. Productive and bipartisan is the way. @CEAorg
The two main reasons that municipal utilities have lower electric rates than the regular utilities in CT are that (1) they don’t have to pay (pass through to consumers) Public Benefits charges for state programs and (2) they don’t pay property taxes.