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Would Utility Ownership Of Large-Scale Renewable Energy Projects Reverse Ratepayer Savings?
Clean Technica: Would a switchover to utility ownership of large-scale renewable energy projects (rather than independent ownership) undo the ratepayer savings seen in New York over the last decade?
That’s exactly what Gavin Donohue (CEO of the Independent Power Producers of New York) posits in his recent rebuttal to the position taken by ConEdison in a recent editorial at Greentech Media — stating that utility ownership will result in area ratepayers having their bills hiked upwards, putting them “on the hook” for decisions (possibly bad ones) made by the utilities.
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