climate-act-scoping-plan-wont-address-costs-to-utility-consumers

Climate Act Scoping Plan Won’t Address Costs to Utility Consumers

Monday’s meeting of the Climate Action Council made one thing clear – the Council has no intention of figuring out how much the state’s headlong rush to renewable energy will cost New York utility customers.

Listed as one of the Council’s “unresolved issues” going into the meeting, members determined that it would remain unresolved. Rather than address ratepayer costs themselves, they are leaving that to be sorted out in the process of implementing the Climate Leadership and Community Protection Act (Climate Act), meaning the cost to ratepayers will remain a mystery.

This is a shame, because as much as New Yorkers may support reducing greenhouse gas emissions, they also want and need affordable electricity. The new transmission lines Governor Hochul recently approved to bring more renewable energy to New York City will raise some consumers’ monthly rates by almost 10 percent, and that’s just a start on the cost of shifting to renewables. The Climate Action Council suggests future heavy reliance on offshore wind power, the most expensive source available, further adding to ratepayers’ cost burden. But again the Council chose not to address the cost to energy consumers.

An important element of the Climate Act is its focus on “climate justice” and the effects of climate change on communities of concern. But energy bills consume a disproportionately higher share of the family budget for low-income New Yorkers, so they will be hit even harder than the average New Yorker when those bills rise in order to subsidize alternative energy projects. These effects will be exacerbated if climate change leads to more frequent severe weather events.

This is no small matter. It’s not just about dollars and cents, but a matter of life and death for at-risk New Yorkers, particularly the elderly and poor. A study from the National Bureau of Economic Research shows that higher energy costs lead to more deaths in the coldest months of winter. It’s likely they also lead to greater deaths during summer heat waves as people struggle to afford the cost of cooling their homes to safe temperatures. In ignoring the cost to ratepayers of transitioning to 100 percent renewable energy, the Climate Action Council is putting New Yorkers’ lives at risk and undermining its own mandate to consider climate justice.

Beyond that there is the issue of transparency in government. New Yorkers are still not receiving the information they need in order to know if they can afford the goals of the Climate Act. Unfortunately, the Climate Action Council has chosen to punt on that issue, leaving the state’s citizens figuratively — and potentially literally— in the dark.

You may also like

Another battery flop zaps NY taxpayers

Plans to lure a Canadian battery company to the Hudson Valley with a slew of government incentives, including job-creation tax credits, loans, and federal subsidies, appear to be a dud. It’s a reminder that when it comes to picking winners in the energy-storage space, taxpayers are often losers. Read More

NYSERDA’s Roadmap to Nowhere  

New York school districts face a multi-billion dollar unfunded mandate to convert to electric school buses. While the transition will cost between $8 and $15 billion above the cost of buying traditional buses, less than $1 billion in state and federal aid is likely to be available to help schools cover the cost. Read More

New Wind Energy Costs Blow the Doors Off Projections

The myth that New York can replace fossil fuel power plants with cheap renewable energy has begun to crumble under renewable developers’ demands for higher prices to offset inflation and supply chain challenges.  Read More

Renewable Solar Comes with Recurring Waste Costs

Within 25 years New York will find itself trying to manage the disposal of five million or more waste solar panels every year. Read More

First Annual CLCPA Report Indicates High Costs, Low Benefits

A major deception on emissions reductions lies at the heart of the New York Department of Public Service’s first annual report on implementation of the Climate Leadership and Community Protection Act. Read More

Micron vs. New York Energy Policy 

Computer chip manufacturer Micron has revealed that by the 2040s its Onondaga County factories are going to be sucking up enough electricity to power New Hampshire and Vermont combined. Read More

Offshore Wind Lulls Threaten NY Energy Reliability 

The volatility of wind off the Atlantic coast will challenge New York's ability to keep the lights on according to a recent analysis from the New York State Reliability Corporation. Read More

Unlikely Pair Tries to Blow Open Secret Wind Deal 

Offshore wind developers, citing changing market conditions, are demanding what could be billions of dollars in additional subsidies—but refusing to let the public see how much or explain their reasoning. Read More