This is your SolarWakeup for August 7th, 2015

Look into every Governor’s mansion and then look at the most connected friends, advisors and lobbyists. In many, many instances, the closest to the Governors are also very close to the regulated utilities in the State. Nevada is a great example of it. Here is the greatest irony in energy today. When a regulated IOU asks to build a natural gas plant the present a cost study to build and operate the plant including a forward cost curve for the fuel costs that are expected. But who takes the fuel cost risk? Not the utility or the shareholders but the ratepayers. This, my friends, is likely the largest energy subsidy in the energy markets.

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Have a great day!

Yann