"POWER TO THE PEOPLE" john lennon
A million workers working for nothing
You better give them what their really owed
The continuing saga of Painesville Power
We at one time or another we have heard about the PJM auction?
Well at this years auction gas-fired power plants added over 5,000 megawatts of new power. Plus also added were hundreds of megawatts of new solar and wind in the biding process.
One megawatt of power is enough to supply between 800 to a 1000 homes)
So where does this leave coal as well as Painesville's Energy contracts?
In the end the auction showed that PJM will have more than enough power, with a 22% reserve for the future. And that it will be less expensive.
For MOST customers that will mean lower prices. But what about Painesville residents? Well he have our 30/40 contract with Prairie State, also another contact with AMP-OHIO for power until 2020 at $69.00 megawatt. Lets not forget the Ohio River hydro power our now most expensive source. Don't expect rate cut's for Painesville residents in the near future?
Coal we are now being told coal and nuclear will be competitive again. That's great competitive by 2019? We were told coal would be competitive in 2012? I guess the best plan is to push the coal date out every few years?
So before all this what was the plan? First Energy went before the Ohio PUCO for a rate increase to protect customers from what's ahead in 2019, by saving their coal plants from extinction. This would have added to the cost the average residential customer an increase of up to $100 dollars a year more for the next eight years.
Saved by the Bell? The federal authorities object to a key part of the agreement. So it's back to square one for the energy companies as well as the PUCO.
I guess it's hard to claim price volatility with a reserve margin of 22%?
So in the end it's simply Painesville is on the inside looking out , and within a short time Painesville Power will soon be Painesville Premium Power. For no other reason than taking poor premium advice.
PJM*? Pennsylvania, New Jersey, Maryland an electrical internal connection for 12 states and D.C to balance power through those states
By now everyone has heard about the Gorilla being shot to death when a four year old child fell into his area.
The outcry of people who are sympatric to this gorilla amazes me. Maybe we have all watched to many Disney movies? This was a wild animal that let's face it was in a cage for a reason. People want the parent's charged? Any parent can speak on how quickly four year olds can disappear. The zoo's claimed the gorilla was in a secure and contained area? So secure a four year old beat the security. Look I'm the first to agree this was an event that shouldn't happen but what if the child were dead today? Take a deep breathe people it could have ended worse. A friend railed againt the mother and the 'execution' of the gorilla. I questioned if this child had fallen into a Anaconda pit should the snake have been killed? Absolutely! I guess it's time for Disney to make a fun and friendly Anaconda movie? The Boa already has a bad rap over the Jungle Boy movie.