Is SB207 A Tax Increase?

Americans for Prosperity sent an e-mail wondering if we citizens viewed SB 207 as a Tax Increase.

AFP SB 207 Request - 20120206

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The Bill Summary reads as follows:

SB 207 – Currently, gas corporations may file a petition with the Public Service Commission for rate adjustments to recover costs incurred for infrastructure replacement projects. This act allows electrical corporations to follow a similar precess to recover costs for infrastructure replacement projects. The types of costs that can be recovered include certain work on electric plants, certain capital projects undertaken to comply with environmental or safety regulations, and costs of facilities relocation due to public works projects.  This act requires the Public Service Commission to track the differences between certain capitalized and non-capitalized labor costs of electric corporations. Electric corporations may record these labor costs as regulatory assets or liabilities and amortize them over a period of three years for consideration in rate proceedings. In subsequent rate proceedings, unamortized balances of such regulatory assets or liabilities shall be amortized over three years.

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One of our CCTP members, David Epps, provided the great response below:

Yes I consider this bill as a tax increase!

Basically, the bill is asking Missourians to pay for federal unfunded mandates specifically , quoted from the bill “generating plants and their components, and cyber-security, customer service, and smart grid investments”.

New Generating plants to meet federal EPA carbon emissions (AKA global warming remediation) and smart grid are a totally unnecessary means to reduce power consumption and stress on the electrical distribution grid… …AND… …how is Customer Service a capital expense anyway?

This is just another of the means the environmentalists have come up with to pay for their boondoggles and is as stupid as feed in tarriffs where everybody subsidizes those few that choose to install electric solar cells on their homes and/or businesses. You have got to ask yourself why after all these years of the existence of the PSC changes are needed now.

All of this is lunacy. We have natural gas sufficient to power our automobiles and using ground source heat pumps we can significantly reduce electrical consumption. The elecric cooporatives have for years offered rebates for the installation of ground source heat pumps as a less expensive alternative to stringing more wires. Switching to natural gas for automobiles would reduce carbon emissions more than replacing every generating plant in the country at a 10th of the cost.

And we did all this before between 1980 and 1983: The graph clearly shows what occurred to cause the reduction of oil imports. It was the mass conversion of fuel oil furnaces to natural gas furnaces and the conversion of gasoline vehicles to propane. Both Energy sources were Made in the USA.then and still is to this day.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

The US NG/PROPANE/E85 Vehicle and GSHP Energy Policy and Economic Recovery Plan

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  1. Low cost NG/E85/PROPANE conversions for existing 244M US fleet of cars, NOW!
  2. Replacing old, worn out, inefficient home and business NG/PROPANE furnaces with 450% efficient electric GSHP NOW!
  3. Replacing old, worn out, inefficient home and business resistive electric furnaces with 450% efficient electric GSHP NOW!
  4. GSHP in the summer reduce electrical consumption by 50% over a 8 SEER air conditioner and thus NG/PROPANE electrical consumption is reduced.
  5. GSHP in the winter reduce electrical consumption by 75% over a electric resistive heater and thus NG electrical consumption is reduced.
  6. GSHP in the winter eliminates NG/PROPANE consumption by 100% but winter electrical consumption is increased slightly.
  7. NG in todays market is cheaper than imported oil and GSHP reduces electrical consumption.
  8. GSHP ground loops have useful life of 40 years and
  9. NGV CO2 is reduced by 25% over gasoline
  10. CO2 is reduced proportionally to electrical consumption reductions using GSHP’s and renewable geothermal energy

Eliminating NG/PROPANE for home heat and reducing NG produced electricity consumption we can put it in our cars and will have little effect on the other uses for natural gas and actually there is some left over for growth in those industries and agriculture (assumes current consumption and supply) GSHP harvest renewable geothermal energy.

This all can be accomplished by

  1. local mechanics,
  2. local geothermal GSHP installers,
  3. local ground loop drillers and trenchers.
  4. US industry, as 95% of the components for NG conversions and GSHP’s and ground loop pipe are made in the USA
  5. Putting money in the pockets of We the People with local jobs and much lower family energy costs.

Eliminate one EPA regulation: the certification of natural gas vehicle (NGV) retrofit kits.A conversion kit MLO is $2500 but with the EPA certification it costs $15,000 and there would be no need for new power plants or smart grid.

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Thanks David!

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About bbollmann
A Missouri Conservative who like to rock... ...especially to the great music of Rush!

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