To Chairman Brown & Committee,
We oppose the Iberdrola purchase of Energy East. We have many questions Is it true that Iberdrola will virtually pay no New York State taxes? Aren't the REC (renewal energy certificates) credits from selling unmetered electric from wind projects designed to rip off the public?
The Public Service Commission is charged by NYS Law to oversee the sale or trade of renewable credit transactions. From what we understand, your staff has acknowledged and stipulated that electric generation from industrial wind is substantially higher in cost than current methods of production.
REC credits have been sold from the Steelwinds - First Wind/UPC Wind - project that create enormous tax offsets that are the real underlying benefit from industrial wind turbines. How is it possible to generate electricity, when the turbines were not working because of the problems with the Clipper turbines gearbox and blade?
The Attorney General's Office is currently investigating First Wind/UPC Wind and SCIDA for illegal practices. Knowing that Iberdrola is a large wind company, why would the PSC allow this purchase when alleged fraud involving wind energy has incurred? It is obvious that if Iberdrola takes over the management & ownership of energy East, we the people will have absolutely no say in our local areas where these turbines have been placed in Cohocton. Could it be possible that Iberdrola has been or could be funding First Wind/UPC Wind?
If this purchase is for the better of the people, please tell us how it will be better. Exactly who will benefit from the purchase of Energy East by Iberdrola? Will it be the farmers who are leasing their land? Perhaps it is the short term job creation to construct & install the turbines? More importantly when making your decision, how will our electric & gas bills be reduced? How will this purchase benefit we the people? Where will the Iberdrola money go from the purchase of Energy East? More wind turbines? The turbines are costly to the tune of almost $3M per turbine. How does that save us taxpayers money? Where does the government subsidy money come from? So many questions…
Speaking of money, isn't wind energy in our area nothing more than a money making scam? If wind energy is so great, and the answer to our energy problems, then why does the government have to subsidize it?
Why are the wind companies asking for and backing the tax credits? See these link
http://www.powerofwind.com/
http://newenergynews.blogspot.com/2008/07/gold-rush-for-wind-in-upstate-ny.html
Our politicians (local, state & federal) are pushing for wind energy but do they really know the facts about wind energy in this area? The Rochester Business Alliance, RG&E, our politicians (Patterson & Schumer) are asking for your approval… why? Could it be it's about the promised money from Iberdrola? Will your decision be based on selling out the people so Iberdrola money can be used to help offset business & political budgets? What about the budgets of the local families who will see nothing more that rate increases? What about the people who have lost their viewshed because of the wind turbines. What about the people who cannot sell their homes because of NIMBY (not in my backyard). Real Estate values around these turbines have suddenly decreased. If Iberdrola purchases Energy East, we will only see more turbines, more depreciation.
The number one reasons for saying NO to Iberdrola:
We do not want to send our money to Spain!
We do not want our gas & electric to be owned & managed by a foreign country!
Wouldn't this takeover be against our Homeland Security Policy?
Think about how easily our lights & energy could be turned off in a blink of an eye.
Please do the right thing for the people in the Energy East area – say NO once & for all to Iberdrola!
Thank you for your time to read this & please consider our questions/comments above when making your decision. We realize that your committee is busy and no matter what the final decision is, somebody, some group, some business, some politician will be unhappy. We do not expect a reply with answers to our questions. We stated the questions merely to get our thoughts to you & hope your committee will do the right thing. SAY NO!
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