PSC August 21, 2008 Letter on Iberdrola - Energy East by Alan Isselhard

August 21, 2008

Dear Public Service Commission,

As the day nears when the PSC finally reveals its decision on the Iberdrola matter it is becoming increasing obvious that the PSC will reverse its long standing ten-year deregulation policy and acquiesce to Iberdrola’s wishes. Those of us opposed to seeing Iberdrola’s take-over of Energy East and the critical NYS electrical generating infrastructure - cannot understand why the PSC won’t do the right thing and stand by the policies and decisions that have guided this commission in the past.

Please consider the following questions:

How can you reverse your long-standing position and betray NYS taxpayers and ratepayers?

How can you ignore Judge Epstein’s decision?

What are the compelling public benefits in allowing Iberdrola to own, buy or develop unlimited industrial wind projects that is causing the PSC to ignore it’s long standing policy in such matters?

How can the PSC listen to and be intimidated by Gov. Paterson, Sen. Schumer and Mayor Bloomberg instead of doing the right thing?

Will Paterson, Schumer and Bloomberg stand by the PSC when this matter reaches the courtroom, as it surely will?

Is it wise to allow a foreign company to take over this critical infrastructure to develop, own and operate wind farms?

Is Iberdrola’s $2billion buy-in carrot that important to the NYS economy?

Will Iberdrola exist long enough to deliver its $2billion investment in NYS?

Will the company that takes over Iberdrola deliver the $2billion investment in NYS that Iberdrola promised?

What happens when Iberdrola is taken over by an operative less friendly toward the US?

Doesn’t the corruption and intimidation of the wind industry influence your decision? Is Iberdrola any less guilty than any other wind developer - of fraud, misrepresentation and false claims?

Has the PSC considered questions like the above and many other similar questions before making its decision in the Iberdrola/Energy East take over matter?

Doesn’t the PSC fear investigation for their 180-degree reversal of a sensible deregulation public policy?

I strongly urge the PSC to stick by their long standing policy of not allowing a company to both generate and transmit or distribute electricity – much less a foreign company. The PSC should continue to be firmly opposed to “vertical integration”. The PSC should reject the Iberdrola take over of Energy East Corporation.

Sincerely,

Alan Isselhard
8135 North Huron Rd.
Wolcott, NY 14590