PowerForTomorrow @power_tomorrow
Power for Tomorrow is a nonpartisan organization with a mission to protect consumers by advancing the cause of sensible regulation of electric utilities. powerfortomorrow.org Joined November 2019-
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Third-party electricity suppliers promise big savings. @MassAGO report tells another story. In the @BostonGlobe, an article by @shankman #energytwitter bostonglobe.com/2024/04/16/sci…
Call it “deregulation” or “retail choice” or “market-driven” — They all mean higher prices and unreliable energy for consumers. Supporters of “retail choice” claim consumers save money and that increased market competition drives reliability and innovation. The facts say…
Call it “deregulation” or “retail choice” or “market-driven” — They all mean higher prices and unreliable energy for consumers. Supporters of “retail choice” claim consumers save money and that increased market competition drives reliability and innovation. The facts say…
“This report once again shows a clear pattern by the individual competitive electric supply industry of substantially harming our residents,” said @MassAGO “The harms caused by these companies significantly outweigh any benefits to consumers.” bostonglobe.com/2024/04/16/sci……
As it turns out, vertically integrated market structures save residential customers money. @USATODAY takes a look at "deregulated energy". usatoday.com/money/homefron… #energytwitter
Important development in Maryland in the effort to protect consumers from unscrupulous retail electric suppliers. SB01, the legislation to curtail the retail electric supply industry, has been approved by the Maryland General Assembly. #energytwitter #mdpolitics
Important development in Maryland in the effort to protect consumers from unscrupulous retail electric suppliers. SB01, the legislation to curtail the retail electric supply industry, has been approved by the Maryland General Assembly. #energytwitter #mdpolitics
"Projections for U.S. electricity demand growth over the next five years have doubled from a year ago. The major culprits: New artificial-intelligence data centers, federally subsidized manufacturing plants, and the government-driven electric-vehicle transition."…
“It will mean higher electric bills for Kentucky residents,” Power for Tomorrow's Gary Meltz told Daily Energy Insider. “This is because the EPIC members are appointed by the legislature, with the goal of mandating that the state’s electrical utilities do not shutter older,…
Requiring the state’s electric utilities to operate inefficient plants means Kentuckians would be getting increasingly expensive electricity by operating these facilities rather than modern efficient power plants. dailyenergyinsider.com/featured/43177…
"It’s simple economics: requiring the state’s electric utilities to operate inefficient plants means Kentuckians would be getting increasingly expensive electricity because over time, it costs more to run these facilities than it does modern and efficient power plants."…
"@nrgenergy’s fear-mongering about “re-monopolizing” the supply of electricity and gas fundamentally misconstrues the role Maryland’s electric and gas utilities play in the energy supply markets." baltimoresun.com/2024/03/15/no-… #energytwitter
“These retail suppliers are charging these Maryland families in excess of $200 million more above what they would othewise be paying if they just signed up for energy from the utilities themselves….If the businesses that are driven away were simply out there taking advantage of…
Lawmakers in Maryland chose to protect consumers from unscrupulous “retail energy suppliers." #energytwitter
Lawmakers in Maryland chose to protect consumers from unscrupulous “retail energy suppliers." #energytwitter
The #Maryland Senate passed SB1, a law protecting residential electric customers from predatory practices by retail electric suppliers. The effort to pass this important law, led by consumer rights advocates, is a significant development in the fight to protect utility customers…
In the end, "retail choice" means higher prices and unreliable energy for consumers. powerfortomorrow.org/get-the-facts #energytwitter
In the end, "retail choice" means higher prices and unreliable energy for consumers. powerfortomorrow.org/get-the-facts #energytwitter
"Turns out that retail electric suppliers mislead these vulnerable customers with the most common bait-and-switch scam; offering customers a teaser rate that is below what the regulated utility offers. Then, over time, retail suppliers raise the energy rate dramatically higher…
Call it “Deregulation” or “Retail Choice” or “Market-Driven” or whatever...........They all mean higher prices and unreliable energy for consumers. Get the facts: powerfortomorrow.org/get-the-facts #energytwitter
"...These alternative energy suppliers assured everyone that by creating competition for Maryland’s regulated electric utilities, commercial, small business and residential customers would save on their power bills. After 25 years, vast amounts of evidence show this was not…
"A recent column in @BroadAndLiberty would have you believe that giving residential customers in Pennsylvania the ability to choose their supplier of electricity has significantly lowered the cost of electricity….Of course, it is not true." broadandliberty.com/2024/01/12/how……
Even in the face of clear-as-day reality, some fantasies just won’t go away. Such is the case with those who continue to promote Texas-style electric deregulation in Virginia. powerfortomorrow.org/blog-pft/sorry… #virginia #energytwitter
Michael Giberson @MichaelGiberso3
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Tesla FSD to infinity.. @HumanMindonMars
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Andrea Joy Campbell @MassAGO
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Tyson Slocum @TysonSlocum
3K Followers 1K Following I run Public Citizen's energy program, promote renewable energy for working families, watchdog @FERC, serve on @CFTC Energy Cmte, faculty @UofMaryland25 years ago MD lawmakers approved utility deregulation creating a lightly regulated market. With abuses piling up legislators are now looking at reigning in the industry. My story from this week's #StateCircle on @marylandpubtv. #MDGA24 youtu.be/3FsVZqaTdDc
IMHO. Ercot tends to be very last minute. Putting out an RFP in late fall for more winter capacity. Offering last-minute Reliability Must Run contracts for mothballed plants. Raising the grid price to the max during Uri. PlanAhd? ERCOT Cancels RFP for Additional Winter…
This story raises a big question. @ERCOT_ISO’s ECRS changed the wholesale market to raise prices all summer—totally unanticipated by Retailers. Anecdotal evidence is some are now on the verge of bankruptcy. Will Consumers again be forced to bail them out?? @KHOU @racheladhe
NEW: In the afternoon of June 20, real-time power prices in Texas went haywire, spiking above $4,500/mwh. The grid was healthy, but on paper, it looked like there was a shortage of supply (1/6)
@ERCOT_ISO is pricing like rolling blackouts can begin any minute. In a free market, one that is not controlled by a government agency such as ERCOT, producers will sell more product to consumers when needed.
@ERCOT_ISO The consumer asks: “Why? I have a fixed rate electricity plan from a @PUCTX authorized retailer. @ERCOT_ISO, under the PUCT, runs the market. I expect to pay more if I use more. If I don’t get my electricity today, it is the government’s fault.” @TexasTribune
My opening statement yesterday to the Senate Energy and NR Cte is between the 30:00 minute mark through 35:00. I discuss the potential threat of catastrophic reliability problems facing our grid.
Here is my recent article in RealClearEnergy explaining the benefits of regulated utilities and the regulatory compact, including reliability, affordability, and accountability assets.realclear.com/files/2023/04/…
@MichaelGiberso3 @power_tomorrow Why do you think it is those states chose to restructure in the first place. Say it whatever way you want, restructuring has not led to lower prices in any kind of sustained manner.
@DC_Hartman @BorensteinS @tylerhnorris If RTOs/ISOs are essential and a top priority for tech companies, why not just locate “a major concentration of data centers” in regions that already have RTOs/ISOs? Why put so many in the Southeast and then ask for policy change?
This is only the beginning and Texas will be ground zero. (Graphics via @dallasnews & @mitchschnurman) #txlege #txenergy #energybills #energytwitter
Surging electricity prices have spurred the worst-ever crisis in late utility payments. Now, millions of Americans are facing power shutoffs Read The Big Take trib.al/nZ29IUs via @BW
The PUCT's changes have cost Texans ~$3 billion in 7 months for no demonstrable reliability benefit. They had no analysis of costs or benefits before implementing it. "What the PUC did last year is 'Ready, fire, aim.'" #txlege #txenergy #energytwitter kens5.com/article/news/l…
@PodcastMarkets Please read "Shorting the Grid." Which is heavily referenced on many issue, including how RTO areas are more expensive. amazon.com/Shorting-Grid-…
ICYMI: UH Energy Fellow @edhirs penned a white paper as part of a @power_tomorrow study that gives detailed examination of the Texas power grid failure last February. The results of that study can be viewed HERE: powerfortomorrow.org/s/TX-Study-FIN…
@StateRepArconti Great point and deregulation was supposed to reduce costs for ratepayers through competitive markets yet we subsidize generators and people in the 3rd party market pay more? Not what was promised!
Policymakers who decry monopolies, like those that are regulated such as power utilities, actually like other monopolies - the ones THEY create. Potato? Potahhto? Strange behavior? ow.ly/QfP250GvFC2
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