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GasBuddy News Article

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Coming Soon: Higher Energy Prices, Shortages

Townhall Magazine -- “Once real numbers have come out about renewable energy costs, people are having second thoughts,” reported Maureen Masten, Deputy Secretary of Natural Resources and Senior Advisor on Energy to Governor Bob McDonnell, VA, while addressing his “all of the above energy” strategy to meet the state’s energy needs.

The real costs of renewable energy are coming out—both in dollars and daily impacts. After years of hearing about “free” energy from the sun and wind, people are discovering that they’ve been lied to.

On Tuesday, August 14, the New Mexico Public Regulation Commission (PRC) approved a new renewable energy rate rider that will allow the Public Service Company of New Mexico (PNM) to start recovering a portion of its recent development costs for building five solar facilities around

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Submitted Aug 19, 2012 By: angel4me
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 22, 2012 6:07:17 AM
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as for me, the majority of my electric bill comes from fees. The actual cost of electricity (currently still on the grid) is about 1/3 of the bill, which is about $75/mo. That's heating/cooling, cooking, cleaning, etc. an 1800 sq.ft. house. Yes, it's extremely energy efficient and we pay attention where things can be done to not waste. Much of American electric bills are inefficient insulation and straight up non-thinking wastefulness.
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 22, 2012 6:04:24 AM
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the costs of early electrification are forgotten, so it's not fair to even compare new / renewable energy sources to the old electric system (which could still be a lot more efficient).
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SycamoreISU
Champion Author Indiana

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Message Posted: Aug 20, 2012 10:12:55 AM
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Once again, things get more expensive once the government gets involved.
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crep1291
Champion Author Ottawa

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Message Posted: Aug 20, 2012 9:51:03 AM
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Utilities could install smart meters and charge more during peak hours, like they do here in Ottawa...
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WalRus49
Champion Author Boston

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Message Posted: Aug 20, 2012 4:53:28 AM
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More organized mayhem and pillage................
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Cakes77
Champion Author Harrisburg

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Message Posted: Aug 19, 2012 8:54:08 PM
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Townhall Magazine -Really?

What is that??
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PathfinderSC
Champion Author South Carolina

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Message Posted: Aug 19, 2012 6:28:57 PM
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No surprise.
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SammyAdams
Champion Author Tallahassee

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Message Posted: Aug 19, 2012 6:02:42 PM
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From the article: "The system of only allowing rate increases after a lengthy hearing, keeps the costs hidden from the consumer for longer but increases costs to the utility and, ultimately, the consumer, due to interest charges on the borrowed money."

==================================================================

Nothing like "openness" and government in the sunshine. Me thinks that most often "government" IS the problem, so a return to the Constitution would greatly alleviate the compounding of problems given to US.
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leeac
Champion Author Ohio

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Message Posted: Aug 19, 2012 5:03:09 PM
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Higher efficiency requires an initial investment and then the return on the investment pays back the upfront costs plus a return on the investment. Plus higher efficiency conserves natural resources for future generations and it helps clean up the environment.
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eye-spy
Champion Author Quebec

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Message Posted: Aug 19, 2012 4:59:57 PM
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What else is new??
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canfranchiser
Veteran Author Riverside

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Message Posted: Aug 19, 2012 4:29:32 PM
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"people are discovering they've been lied to" who would have thought.
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Rich1430
All-Star Author Indiana

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Message Posted: Aug 19, 2012 2:59:38 PM
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We all know what to do in November. Vote Obama out of office no if's, ands or buts.
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deputydog082
Champion Author Detroit

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Message Posted: Aug 19, 2012 2:55:17 PM
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I can remember when future nuclear energy was touted as being so cheap that it wouldn't be worth it to meter it.
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investmentdr
Champion Author Cleveland

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Message Posted: Aug 19, 2012 2:34:46 PM
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the best cure for high gas prices is a recession; take your pick
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briinnc
Champion Author North Carolina

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Message Posted: Aug 19, 2012 1:37:18 PM
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One day, we'll learn how to elect politicians who are really there for the public benefit, and not their own or big business as we have now. Then this might stop.
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Yooperheart
Champion Author Michigan

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Message Posted: Aug 19, 2012 1:35:12 PM
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Just keep jerking the public, we will pay no matter what.
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mountainrider7
Sophomore Author New York

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Message Posted: Aug 19, 2012 1:15:38 PM
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Guess we will see soon enough.
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NSP31A
Sophomore Author New Hampshire

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Message Posted: Aug 19, 2012 12:52:52 PM
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Governments setting an arbitrary standard that is not derived from true market forces? That never happens!

Setting artificial levels of renewable energy is counterproductive. What a way to punish the people for special interests. Is making 20% of electricity from renewable sources really going to change anything to do with climate change? (which we also have been lied to) These people who are using government to push their agenda should live out in nature, hunting and gathering for food, shelter, and clothing. Instead, they want to drive around, using iPhones and heating/air conditioning like the rest of us. What a bunch of crocks.
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Cothrom
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Message Posted: Aug 19, 2012 12:35:04 PM
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Oh can't wait!
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sljbc475
Champion Author Tucson

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Message Posted: Aug 19, 2012 12:24:45 PM
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Higher prices for energy will lead to further tough economic times.
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knutzAL
Champion Author Alabama

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Message Posted: Aug 19, 2012 12:19:42 PM
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Thanks Harry!
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dh0770
Champion Author Colorado

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Message Posted: Aug 19, 2012 12:10:50 PM
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"people are discovering that they’ve been lied to."

The eco-crats lied...who would have thought!
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FunMyster
All-Star Author Indiana

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Message Posted: Aug 19, 2012 11:45:51 AM
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ok
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jbrad4
All-Star Author Dallas

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Message Posted: Aug 19, 2012 11:17:06 AM
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Time to buy an electric car or a plug-in hybrid.
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phinsup67
Champion Author North Carolina

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Message Posted: Aug 19, 2012 11:04:26 AM
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There's always two sides to a coin, but one is always prettier too!
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Buck_on_Bass
Champion Author Tennessee

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Message Posted: Aug 19, 2012 10:41:25 AM
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The energy is very cheap to free. Capturing the energy in a usable form is expensive. If the economics supported most renewables, why are above market prices paid for the energy? Why is the use of renewables mandated by law? We need an honest discussion of an energy policy and it's costs to make an intelligent choice and not be deceived into choosing one side or the other based on misinformation.
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ARCO
Champion Author Pittsburgh

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Message Posted: Aug 19, 2012 10:25:18 AM
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BLAH BLAH BLAH
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Don20
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Message Posted: Aug 19, 2012 10:24:13 AM
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Yesterday article gas price was forecast to do down, so today it is forecast to go up. Sounds like politic or someone that is just guessing like all the rest of us...
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hok
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Message Posted: Aug 19, 2012 10:19:06 AM
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√
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afghaned
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Message Posted: Aug 19, 2012 10:17:35 AM
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The only thing free is a ride on the government tax train. I saw it, I like it, you pay for it.
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teatiger
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Message Posted: Aug 19, 2012 10:16:56 AM
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more market BS
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HATinMUNDY
Champion Author Michigan

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Message Posted: Aug 19, 2012 10:16:50 AM
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Time will tell.....
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Edpap
Champion Author Pennsylvania

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Message Posted: Aug 19, 2012 10:16:37 AM
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Thanks, obsama.. for rubbing salt in the wounds of America and forcing technology that isn't ready for mass marketing down our throats.
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gils
Champion Author Ohio

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Message Posted: Aug 19, 2012 10:15:49 AM
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ok
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mustangdaver
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Message Posted: Aug 19, 2012 10:15:27 AM
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green just means expensive
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gravityhurts
Champion Author North Carolina

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Message Posted: Aug 19, 2012 10:15:23 AM
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What!? We've been lied to. No way!
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germainesr
Champion Author Columbia

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Message Posted: Aug 19, 2012 10:13:58 AM
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I think everyone always had second thoughts
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mlmeng
Champion Author Michigan

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Message Posted: Aug 19, 2012 10:13:20 AM
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You mean "free" isn't free?
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Grinch09
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Message Posted: Aug 19, 2012 10:11:40 AM
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I just free-farted in their wind!
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red5529
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Message Posted: Aug 19, 2012 10:11:30 AM
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Boo1989, Steven Chu should be deported to Europe to live after making that statement.

[Edited by: red5529 at 8/19/2012 10:12:28 AM EST]
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LuckyD43
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I could see that coming.
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ironbox_sara
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Message Posted: Aug 19, 2012 10:10:42 AM
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Lied to? Can't be...
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Boo1989
Champion Author Atlanta

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Message Posted: Aug 19, 2012 10:10:22 AM
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"Somehow we have to figure out how to boost the price of gasoline to the levels in Europe." steven chu, obama's energy secretary.
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MrLuigi
Champion Author Massachusetts

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didn't you know, nothing in this world is for free....... :(
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ats621
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ok
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vizilo
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no kidding
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computernut2008
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ok
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goalie1950
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Somebody has to pay the cost for the development of renewable energy. It will be either the taxpayer or the consumer. Which there really isn't much difference when you stop and think about it.
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Tutootin
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OOXXFF, Let's hope for!
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tman70
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Ok
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