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If you
have your most recent electric bill handy, take a look at the bottom line.
Now multiply that number by four. That’s what consumers might be looking at
in the not-too-distant future if the challenges of increasing electricity
demand, coupled with flat growth in supply and climate-change legislation,
are not met with solutions that keep ratepayers in mind.
Building new generation
plants has always been a difficult task, and now concerns about greenhouse
gases have made that job even harder. With an uncertain regulatory climate,
banks are looking twice at power projects. Their concern is that if a
coal-fired plant were hit with increased regulatory costs associated with
carbon emissions, the loans would be riskier. That could make the financing
of needed baseload generation difficult. And even though Texas’ supply of
carbon-free energy, such as wind, is growing, baseload generation powered by
coal and natural gas will remain a necessity for the foreseeable future
because renewables just are not able—as yet—to keep up with demand.
We at Bandera Electric
Cooperative are concerned about our energy future. We know that demand for
electricity is rising—up about 2 percent each year. We also see that the
electricity supply is not keeping up with that increasing demand. Anyone
with a basic understanding of economics knows what happens when supply does
not keep up with demand: Prices rise. Throw into that mix potential federal
or state regulation of carbon output, and the outlook for the electricity
picture becomes uncertain.
We at BEC are also concerned
with the environment. We know that steps will be taken to address global
warming issues. But we want to make sure those steps don’t send rural Texans
or the U.S. economy over a cliff. There must be a balance we can strike
between reasonable costs and ample supplies that is environmentally
responsible.
Electric cooperatives, as we
always have, stand firmly in our members’ corner, and we are already working
to address these concerns. By adding the weight of your collective voices to
the discussion, you remind the politicians and policymakers in Austin and in
Washington to look for solutions that keep you—and your pocketbook— in mind.
If you don’t want to be left
literally in the dark, you might consider contacting your elected officials
and starting a dialogue regarding the energy future of the United States.
The National Rural Electric Cooperative Association, the national
organization of electric cooperatives, has made this process easy and
convenient with the “Our Energy, Our Future” campaign.
At the website
www.ourenergy.coop, co-op members
will find step-by-step instructions for getting their questions and concerns
heard by our national leaders. Here are three questions you can use to start
the discussions:
1. Experts say that our
nation’s growing electricity needs will soon go well beyond what renewables,
conservation and efficiency can provide. What is your plan to make sure we
have the electricity we’ll need in the future?
2. What are you doing to
fully fund the research required to make emissions-free electric plants an
affordable reality?
3. Balancing electricity
needs and environmental goals will be difficult. How much is all this going
to increase my electric bill, and what will you do to make it affordable?
We urge
you to get involved and to let our elected officials know that they must
take you and your family into consideration when crafting our energy future.
After all, you ultimately will bear the cost of whatever solution is
mandated. |