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Friday we made the state of Vermont a gentleman's offer. We will raise the price of electricity from 4.2 cents per kilowatt-hour to 6.1 cents. Over the next 20-year period we will raise that price annually by a specified index. That price is well below what consultants on our payroll have projected as the future of energy prices. That price is also above the current price of power. We will discontinue sharing revenue with Vermont utilities. Over the past forty years, revenue sharing has allowed the utilities to provide very inexpensive power to Vermont homes and businesses, but to everything there is a season, turn, turn, turn. The price we have offered will only apply to 115 megawatts per year. The offer we've made makes no mention of the nearly half a billion dollar shortfall in the decommissioning fund. And the offer we've made wasn't even made by us. It was made by Enexus, the finances and structure of which are "mired in gobbledygook."We ask only that the state of Vermont approve the spinoff of Vermont Yankee into Enexus, and that it offer Enexus a 20-year license renewal for Vermont Yankee, thereby allowing the health, safety, environmental, and financial shenanigans will continue.
To sweeten the deal, we will even remove the horse's head from Pete Shumlin's bed.
You tell me, God. How do you think the legislators will respond?
Amen,
Fake-Rob
2 comments:
Hi fake rob, thanks for continuing to be a complete idiot. In your quest to kill 640 jobs, jack up electric rates into the stratosphere, import fossil fueled GHG power to increase Vermont's carbon footprint and cut $10 million a year in tax revenue at a time when shrinmking revenues have already created a crisis in state government, you've forgotten one thing. VY's contribution to the clean energy fund--which is the only significant money supporting renewables, will be gone, too. But that's ok, fake rob, because pretty soon you'll be able to fake that southern vermont is a place worth living in.
--Fake Bob Stannard
Hey there Fake Bob. This is the real Bob Stannard. How big a bet do we want to make that you work for VY?
Just a few points that need clarification: Of the 640 jobs, 240 are Vermonters. When the plant closes, most of you will still be working there for many years.
Shutting down your aged plant will result in more opportunities being created for power that is really clean and really safe; not power that has the most toxic material man has ever created. But of course, you don't ever like to mention that small item.
You have been getting a sweetheart tax break since the day the plant was built. As new energy sources come on-line they, too, will be able to donate to the clean energy fund.
State government goes in and out of crisis mode. Crutching on the global recession as a reason to keep this aged, leak, collapsing (you do recall that your company neglected maintenance to the degree that your plant fell down, right???) plant is not a good enough excuse.
Vermont knows when to move forward and when to shed the past. Now is the time to rid this state of a company that would throw you, as a worker at the plant, under the bus in a heartbeat if they wanted to.
But just keep on thinking it's a good deal. Keep drinking that Kool-aid. The rest of us know better.
Merry Christmas
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