Utilities in several states are attempting to run a con game on their respective states’ utility commissions and ratepayers. How? By claiming that their plans for prematurely shuttering existing, reliable, relatively inexpensive coal power plants and replacing them with expensive, intermittent renewable power sources will save ratepayers money “in the long run.” Meanwhile, they ask for an immediate increase in electric rates to pay for the transition.
The truth is, the “long run” never comes. Any 10-year-old child can tell you someone isn’t saving you money if he or she charges you more for something you already get for less.