by zebedee_177

Another renewable energy bill that calls for more ratepayer subsidies to the renewable energy industry, with the added detriment that five percent of the funding must go to low-income households, who do not have the extra cash to install energy efficiency projects or replace major appliances and take advantage of the program, particularly in rental units.  The cruel irony here is that the low-income families will be subsidizing these programs when they can barely afford their utilities presently.  Higher utility operating costs will only lead to higher rates for everybody.  Here, too, the cost-benefit ratio to establish cost-effective status is only a return of the original investment, not a return ON the original investment. . .a basic principle of investing money in anything.  The bill also calls for utilities to receive bonuses from ratepayers when they achieve a sliding scale of hoped-for energy efficiency results.