Why do the ratepayers continue to get bombarded with infinite rate increase requests? There is no real consumer protection in HB 1320; however, the bill does facilitate Electric Utility Loss Revenue Protections. What a Sweet Deal!
House Bill 1320 is a very dangerous bill. It sets a very horrific precedent that allows Electric Utility monopolies to keep on monopolizing and ensuing tactics that will allow them to galvanize enough time to revamp their archaic business model.
The Electric Utility is incurring Revenue Losses. Why? Because industrial powers plants are looming dinosaurs and energy efficiency reduces the use of energy. In fact, once our Electric Energy System is modernized with clean and renewable energy, then we can most likely seize to even contemplate energy efficiency methodologies and goals.
Yesterday evening, on the House floor, Representative Eric Koch, announced that the hearing on HB 1320 will be February 18th, Wednesday at 1:30 pm. The goal of the bill is to provide “fairness and equity” on behalf of a “Typical Customer.”
HB 1320 proposes to impose a tax and completely change the existing Indiana Net Metering Policy. According to NAACP Just Energy: Reducing Pollution and Creating Jobs, Indiana Report, February 2014, Indiana provides a retail credit for ratepayers with system capacities of 1,000 kW, however, providing credit to ratepayers with system capacities up to 2,000 kW would provide more flexibility and incentives for in-state renewable energy generation and would help individual consumers and small businesses to affordably access clean energy resources.
It is fairer to prop up distributed generating ratepayers, then to prop up Electric Utilities. We believe there are far more benefits to our communities to cultivate a solar and wind friendly environment. The imposition of a Net Metering Tax will hinder solar and wind industry investments in our state, deterring free competition, and as a result hindering the solar industry, minority solar business enterprise opportunities and job opportunities. The Indiana unemployment rate is approximately 5% and among African Americans it is approximately 11%. The Solar Foundation reports solar industry jobs are eight times greater than oil or gas. In addition, African Americans spent 41 billion on energy in 2009; they only held 1.1% of the energy jobs according to a 2010 study conducted by the American Association of Blacks in Energy.
The Indiana NAACP believes HB 1320 creates uncertainty in the net metering policy and that’s not fair.
Denise Abdul-Rahman-President and CEO