As reported, natural gas supplies 37% of the power to the nation’s electrical grid, and it supplies 33% of the power to the industrial sector. It is also used as a backup for wind and solar. And 15% of the U.S. population relies on natural gas in their homes. Studies have estimated that it would cost approximately $30,000 per home to require electrification on those homeowners if forced to forgo gas usage. No problem, I have that laying in the bottom of my purse, or maybe I can get on the list for the rebates or credits. So, can we agree that it should be considered vital that the nation continue providing energy from natural gas? I think we might miss it if it goes away. A lot.
Yet, eight weeks ago, when natural gas was shooting to $8, FERC and the D’s were proposing changes to make it more difficult to get approval for new gas projects and pipelines. Those proposed changes were ultimately rejected, for now, by the oil and gas industry and the ‘R’ members of Congress. But, the intent to obstruct pipelines and gas transmission projects was clear. Evidently this is to prevent natural gas from being able to continue to provide over 1/3 of this nations electricity. Makes me wonder why that is so important to Ds and what do they have up there sleeves. Any ideas?
FERC has not fully approved the proposals from the regional transmission organizations (RTOs) to include roof top solar collectors and home batteries into their power makets. That means green energy will be long in the making, and it will not be cheap. So, to assist the residents in certain states to afford those green energy costs, there are programs that reduce the energy rates, but only if the customer gives the energy supplier the ability to control the customer’s electricity usage. At this time, the price reduction program is still voluntary, but it reflects the ‘Big Brother’ mentality of the government.
You will also wish to know that, in order to finance these new green projects, FERC is proposing to add ‘socialized costs’ to be passed on to all consumers, most of whom will not benefit at all, but will still be required to pay for it. Kind of like forcing a taxpayer that does not have a student loan to pay the loans of others. Doubt this will be a popular proposal, especially considering that all the cost increases necessary to replace gas with renewables are predicted to raise electricity rates by 50-100%, depending on where you live (plus the costs of converting to electricity, of course). I cannot wait. You?
So, from the very beginning, it appears ‘the plan’ is to restrict the consumer’s ability to use electricity as they need to, or want to, or see fit to. All in an effort to force consumers in to compliance with the government’s political goals. Yes indeed, if you live in certain states (not named to protect the guilty), ‘Big Brother’ is coming to a home near you. Very near. And you have heard it said that California is the trendsetter for the rest of the country. So, ‘Heads Up’ consumers of electricity!
I am anxious and interested to see how many of the Inflation Reduction Act’s green projects can stay viable and avoid bankruptcy without government subsidies, which could be withdrawn if Republicans gain the Presidency in 2024 or at least one chamber of Congress in 2022. This is still the best bet to curtail these plans. These elections matter, and right now they matter a great deal. Please vote.
Mrs. Smith
