Political Quotes

Jeff Bingaman: “This is a wholesale cost figure I just gave you, 4.3 cents. We are glad to share the information with you. He says that…”

On the recordMarch 20, 2002
This is a wholesale cost figure I just gave you, 4.3 cents. We are glad to share the information with you. He says that we don't have hydro in here. We do have hydro as one of the items that a utility gets credit for when determining the base against which the percentage applies. So that we give them full credit for hydro in that. Then we say, taking that base to the extent that they expand their energy generation from increments of hydropower, that those will count.
Said by
Jeff Bingaman
Democratic · New Mexico
Source
govinfo.gov

Editor's note · Context

Discussing the inclusion of hydropower in energy generation credit calculations.

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