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Indiana Senate Bill 309
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Does not matter. The Tax is a property tax and is a percentage of the property value. Depending on the state and county can be as low as 13% and as high as 25%. That is what pays for your schools and roads. Last thing you want is to do away with utilities. That is a fools game. Just like Oil and Gas without them your 401K is worthless and you have no schools and roads. Educate yourself and be careful what you ask for. You want Grid Tied, then pay the taxes and accept wholesale rates for excess you generate. You are not entitled to free power.
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That they do. Companies are willing to pay a lot to get that guaranteed monopoly.
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Taxes the utility pay are an indirect way for government to collect taxes without the public knowing. Utility profit is guaranteed, so any taxes paid are just utility cost increase to the public.Leave a comment:
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They also have to pay a very seriously high ad valorem tax to obtain those right-of-ways. Put a new power plant in your town, and you get new schools and roads. Right-Of Way passes through same thing.
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Neither. They own the equipment. The public owns the rights-of-way. In consideration for the right to use all that land, and to be be granted an effective monopoly, the POCO agrees to follow specific rules that other companies do not.So, looks like you're saying that the regulators own the system by virtue of regulating it, or that a public company agreeing to abide by governing rules gives up ownership. If so, someone ought to inform Sempra ( SDG &E's parent co.) stockholders that they don't own the assets they thought they bought into.
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So, looks like you're saying that the regulators own the system by virtue of regulating it, or that a public company agreeing to abide by governing rules gives up ownership. If so, someone ought to inform Sempra ( SDG &E's parent co.) stockholders that they don't own the assets they thought they bought into. Using that logic, EDCO (the local garbage co. that uses publicly maintained roads) is also owned by local regulators in exchange for something of a monopoly. Same for the cable companies who seem to be providing a public service, although not as essential as power or garbage pickup.If it was a free market, that would make sense.
But if I tried to install a power distribution system to sell power to people, I would be told "no, sorry, your POCO has a monopoly on power here; you sell power and you go to jail." And to get that monopoly status, the POCO has to agree to abide by the rules of a public utility, answerable to the public (generally in the form of a public utilities commission, or URC, or PSC.) So it's not really their grid. It's the PUC's grid.
Now, change the status of those companies, and allow (say) four power companies to use the public right of way for power distribution, and I'd agree - let all four do whatever they want and let the market decide.Last edited by J.P.M.; 02-06-2017, 03:48 PM.Leave a comment:
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Yeah, the system definitely doesn't always work as designed.Sounds good in theory to have a utilities commission in place (for reasonable checks and balances of a public monopoly) but in Arizona, the ink on new commission members business cards was barely dry before they voted to end all net metering in the state. These were the candidates who campaigned heavily on radio and TV as "Solar Friendly" (not residential solar apparently). I've read that millions in dark money was spent getting those candidates into office so the vote to end net metering of 4-1 was really not a surprise.
When people get all riled up about a big election (generally a presidential one) I often find myself reminding them that the local elections are more important; they have a lot more to do with your life than the big ones. The school board is going to have a say in what your property taxes are, the mayor is going to have a lot of control over things like garbage pickup, the PUC commissioners (or the guy who appoints them) will have a lot of control over your utility rates. But all too often, the local elections get far less attention than they should.
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Here in IL where corruption was perfected (half our governors end up in prison), similar stuff happens. But
enough citizens got upset that Citizens Utility Board has been working for over 3 decades. CUB spends a
lot of time in court, has saved customers BILLIONS of $ here, and uncovered some bad stuff.
The kind of rules mentioned above would simply end private solar electric. Some of those bills could be
challenged as outright illegal. Bruce RoeLeave a comment:
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Your PUC sounds very similar to the one we have here in Florida. They are very POCO friendly.
Sounds good in theory to have a utilities commission in place (for reasonable checks and balances of a public monopoly) but in Arizona, the ink on new commission members business cards was barely dry before they voted to end all net metering in the state. These were the candidates who campaigned heavily on radio and TV as "Solar Friendly" (not residential solar apparently). I've read that millions in dark money was spent getting those candidates into office so the vote to end net metering of 4-1 was really not a surprise.
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Maine just proposed a similar law.
After the solar companies, Utilities, House, and Senate all agreed on a bill to decrease the sell rate, the Gov vetoed it. Now the utilites and governor are pushing a by all-sell all billLeave a comment:
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Sounds good in theory to have a utilities commission in place (for reasonable checks and balances of a public monopoly) but in Arizona, the ink on new commission members business cards was barely dry before they voted to end all net metering in the state. These were the candidates who campaigned heavily on radio and TV as "Solar Friendly" (not residential solar apparently). I've read that millions in dark money was spent getting those candidates into office so the vote to end net metering of 4-1 was really not a surprise.
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Hopefully that law will not be approved. It certainly seems to be a power play by the politicians to support the POCO's even at the expense of the customers that voted that Senator in.Leave a comment:
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If it was a free market, that would make sense.
But if I tried to install a power distribution system to sell power to people, I would be told "no, sorry, your POCO has a monopoly on power here; you sell power and you go to jail." And to get that monopoly status, the POCO has to agree to abide by the rules of a public utility, answerable to the public (generally in the form of a public utilities commission, or URC, or PSC.) So it's not really their grid. It's the PUC's grid.
Now, change the status of those companies, and allow (say) four power companies to use the public right of way for power distribution, and I'd agree - let all four do whatever they want and let the market decide.
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Or how about sticking to the rules that are in place, that would work. Sell all / BuyAll , you have got to be jokingLeave a comment:
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