Repowering not in Consumers Best Interest

August 13, 2015

 

Assemblymember Jeffrey Dinowitz, Chairman of the Assembly's Consumer Affairs and  Protection Committee has written a letter to the Public Service Commission stating his opposition to repowering the Cayuga Power Plant.

 

His letter says, in part:

 

I am writing to oppose the continued ratepayer bailouts of the dirty, uneconomical and unnecessary Cayuga coal plant and instead strongly recommend that the Public Service Commission (“Commission”) move forward with transmission reinforcements that would provide safe and reliable power at one-third of the cost to New York electric customers. The owners of Cayuga are currently receiving an out-of-market ratepayer bailout costing New York electric customers nearly $4 million a month until 2017. Now Cayuga’s owners, Upstate New York Power Producers, are seeking another bailout on the backs of New York families and businesses, which would cost over $145 million over the next 10 years without guaranteeing a long-term reliability solution.....

 

New Yorkers’ money would be better invested in renewable energy and energy efficiency, and New York must begin this transition by making the right decisions now to support the transition to cleaner energy sources. Coal and dirty fossil fuels are not a long term economic development solution for New York. The jobs and economic benefits of a clean energy economy for New Yorkers are immense....

 

New Yorkers’ money would be better invested in renewable energy and energy efficiency, and New York must begin this transition by making the right decisions now to support the transition to cleaner energy sources. Coal and dirty fossil fuels are not a long term economic development solution for New York. The jobs and economic benefits of a clean energy economy for New Yorkers are immense...

 

 

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