Business interests who supported the Arizona Corporation Commission's power grab over energy policy may be having second thoughts after the election of at least two self-described liberals to the five-member body. Combined with holdover Commissioner Kris Mayes, they will give the Commission a solid majority favoring more government control in the energy business. The Commission last year approved rules that will lock in renewable energy mandates for most of the next two decades. In an unprecedented intrusion into legislative prerogatives and private business decision-making, the rules force utility companies, regardless of cost, efficiency, or reliability, to generate specific percentages of energy from renewable resources. The extra costs-which the Commission conservatively estimates at $2.4 billion-will be passed along to residential and commercial consumers. Clint Bolick is the director of the Goldwater Institute Scharf-Norton Center for Constitutional Litigation. |
Monday, November 10, 2008
Goldwater Institute: How high will utility rates go with new Corporation Commission?
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