OPINION: House bill will raise electric rates
Tuesday, May 14, 2013 5:57 AM
The Minnesota House of Representatives has approved energy legislation that mandates investor-owned utility companies to invest in more expensive and less reliable renewable technology, which will mean higher prices for consumers. State Representative Greg Davids (R-Preston) opposed the measure.
"First the House Democrats forced tax increases on the poorest of the poor, and now they're forcing higher energy costs on them due to this unfortunate and unnecessary mandate," Davids said.
Davids said the proposal requires a 40 percent renewable energy standard by 2030 for investor-owned utility companies. It also includes a 4-percent solar mandate, with a long-term goal of 10 percent of Minnesota's energy being derived from solar sources.
Davids said that by approving this plan, House Democrats want to raise the electric bills of hardworking Minnesotans across the state and are picking winners and losers as a part of their larger goal to force a more expensive and less reliable renewable energy technology (solar) on Minnesota energy companies.
"I support alternative energy, but solar energy is the costliest from of energy out there and it is far from reliable," Davids said. "If you force a company to spend billions of dollars in order to conduct business, it will pass those costs down to the consumer. With this bill, House Democrats are raising costs on those that can least afford it once again."