By Jim Willis on Sep 21, 2009 in Energy, Environment, Government & Politics | 0 Comments
Electric & Gas Rates Going Up – No Surprise There
The company that bought out our local electric & gas supplier, New York State Electric & Gas (NYSEG) about a year ago agreed, as part of the deal, to not request a rate increase for a year. They lied. Their first request came in January, just [...]
By Jim Willis on Jul 15, 2008 in Energy, Government & Politics | 3 Comments
According to the Press & Sun-Bulletin (Schumer presses for utility-merger deal), New York’s esteemed senior Senator, Chuckie Schumer (D-New York), wants to help a foreign company take over most of Upstate New York’s energy utilities. Yes, the good Senator has thrown his weight behind the proposed Iberdrola takeover of Energy East, the company that doesn’t [...]
By Jim Willis on Jun 6, 2008 in Business, Energy, Gov David Paterson, Government & Politics | 0 Comments
The fix is now in. Our illustrious philandering new governor, David Paterson, has granted his blessing on the foreign takeover of Energy East, which owns our regional electric and gas utility NYSEG (New York State Electric & Gas). He likes the idea that Iberdrola, the Spanish company who wants to buy it, will “invest” $2 [...]
By Jim Willis on May 21, 2008 in Energy, Government & Politics | 2 Comments
The New York Regional Interconnect (NYRI) power line is a proposed high voltage line that would run about 200 miles from Oneida County in Upstate New York to Orange County in Downstate (running through Broome County). Folks around these parts are mostly opposed to this monstrosity because it won’t economically benefit the people whose land [...]
By Jim Willis on May 19, 2008 in Business, Energy, Government & Politics | 1 Comment
Iberdrola is a Spanish company looking to buy out Energy East, parent of New York State Electric & Gas (NYSEG), our local electric monopoly. I’ve written about my opposition to this purchase before:
NYSEG Covers Up Alternative Bids in Favor of Spanish Company Takeover
Sale of NYSEG to Spanish Company Iberdrola Hits Big Roadblock
NYSEG Selling Out to [...]
By Jim Willis on Mar 22, 2008 in Business, Energy, Government & Politics | 8 Comments
At least the New York State PSC (Public Service Commission) is not sleeping while Energy East, parent of NYSEG (New York State Electric & Gas) seeks to sell out to a foreign owner. See PSC holds off approval of Energy East-Iberdrola deal in today’s Press & Sun-Bulletin.
The PSC is digging and has found there were [...]
By Jim Willis on Jan 19, 2008 in Business, Energy, Government & Politics | 4 Comments
Hallelujah! The New York State Public Service Commission (otherwise known as the PSC) is recommending against the Spanish takeover of Energy East/New York State Electric & Gas. This is good news! It doesn’t mean the takeover of a key piece of the U.S. infrastructure by a foreign company still won’t happen…but it sure slows it [...]