Tuesday, April 2, 2013

Nevada Engery Prices Going Because Of Liberals

Thanks to Senile/Liar/Coward/Asshole Harry Reid and a bunch of crybaby Indians, Nevadan's will to have to pay higher electricity prices for electricity.
From the Las Vegas Sun:
V Energy will roll out a major policy initiative Wednesday, announcing that it will shutter its coal-fired plants, increase investment in renewable energy and create thousands of construction jobs over the next 12 years.
Under the plan, Nevada’s coal plants would begin closing by the end of next year, and the company would accelerate investment in wind, solar, geothermal and natural gas to replace the coal energy going offline. The company estimates the plan could result in a nearly 4 percent increase in rates over the next 20 years, and the proposed legislation would limit the Public Utilities Commission's ability to approve the increases.
The utility plans to unveil the proposal it’s calling “NVision” on Wednesday at the Legislature as an amendment to Senate Bill 123.
“This does three things: it retires coal from Nevada, builds renewables, and it creates jobs,” said Tony Sanchez, NV Energy senior vice president.
The amendment calls for the accelerated closing of three of the four units at Reid Gardner, the controversial 553 megawatt coal plant in Moapa, by 2014. It leaves the fourth unit operating until 2017, after which the utility would have no coal plants operating in Southern Nevada....
All this comes at a cost to the ratepayer.
“NVision has an estimated compound annual growth rate in electricity prices of 1.65 percent, which includes the effects of inflation,” according to an NV Energy statement released to the Las Vegas Sun on Tuesday.
The utility’s amendment would call for the Public Utilities Commission of Nevada to review the plan upon legislative approval. The commission would have 210 days to review the plan, considering among other things that the cost is “just and reasonable in light of the elements of the plan,” according to a copy of the amendment obtained by the Las Vegas Sun.
The commission does not appear to have the ability to reject the plan; the amendment instructs the commission to “approve or modify” the utility’s proposal.
Read more: http://www.lasvegassun.com/news/2013/apr/02/nv-energy-decommission-coal-plants-shift-gas-and-r/#ixzz2PNg16QwM
So, once again, the poor and the middle class are hurt by a liberal policy that will increase electric rates and you know damn well the rates are going to go much higher, all thanks to a bunch of stupid politicians and Indians.

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