It is by design and by statute that the Power Marketing Administrations are not subject to market discipline.
Ed Markey
The Public Record
Edward John Markey is a United States Senator from Massachusetts, having served since July 24, 2013. A member of the Democratic Party, Markey previously represented Massachusetts in the U.S. House of Representatives from April 14, 1976, to July 24, 2013. Throughout his career, he has been a strong advocate for environmental issues, telecommunications, and technology policy. Markey played a significant role in the development of legislation aimed at addressing climate change and promoting renewable energy sources.
By law, Western and other Power Marketing Administrations must market power at cost, not market-based rates.
I just am kind of shocked by that because the WPPSS cost is just so massive.
How would you convey the $550 million last year to your consumers? How do you do that?
How many people do you really think know they are paying still $500 million on that mistake?
Do you believe, Ms. Patton, that it would be good, in terms of attracting investment from large high-tech companies...
Actually, I remember reading that Facebook and Google are actually touting all of the green power that they have.
These bills are part of the same Republican agenda that yesterday attempted to push through emergency funding for natural disaster victims at the expense of a program that helps American companies manufacture super-efficient vehicles.
Do you think that Power Marketing Administrations should be required to sell their power at market rates rather than cost-based rates?
If the idea behind this bill is transparency, I would suggest the legislation also require inclusion of the cost of nuclear bailouts on customer bills in the Bonneville operating region.
If my Republican colleagues are really concerned about disclosing costs to their customers, let me suggest an alternative.
In the growing Republican war on clean energy, today we are seeing that they are using the same tactics.
Apparently, it has been replaced by an all-of-the-below strategy, energy sources that come from below the ground.
They may be the worst policy suggestions that have come before this Committee since yesterday.
What happened to the GOP's 'All of the Above' energy strategy? Apparently it has been replaced with an 'All of the Below' strategy.
Mr. Chairman, we are meeting today to consider two terrible bills. If fact, they may be the worst policy suggestions that have come before this Committee since. . .yesterday.





