Why Reliable Energy?
Reliable Energy, Inc. is dedicated to promoting a safe, reliable, and affordable energy supply through active legislation and regulatory efforts combined with a grassroots strategy.
Energy experts, such as the North American Electric Reliability Commission (NERC), have warned that maintaining a consistent power supply has become increasingly challenging for our nation’s grid operators. Among these operators, the Midcontinent Independent Systems Operator (MISO), which provides services in 15 U.S. states, including Indiana, has identified a pressing need for additional power resources. According to MISO and other grid operators, the decision to replace reliable power sources with intermittent sources like wind and solar is contributing to the unreliability of the electrical grid.
Reliable Energy advocates for an “all of the above” energy strategy that utilizes the state’s abundant resources, such as coal, while also promoting innovation. It is essential to ensure that Hoosier households and manufacturers have access to reliable power and are not exposed to rolling blackouts, as experienced in California. The state’s extreme weather conditions, with hot summers and cold winters, make maintaining a consistent power supply imperative.
Reliable Energy emphasizes the importance of a reliable energy supply and advocates for affordable electric rates. In recent years, Indiana’s utility rates have significantly increased due to the closure of many of the state’s coal plants. As a result, Indiana’s ranking for utility rates has dropped to 29th in the country, a significant decline from its previous position as the fifth lowest. Please take a look at the chart below.
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“As this Commission considers other potential reforms related to regional transmission planning and development, it is imperative that incentives like the [Construction Work in Progress] Incentive, Abandoned Plant Incentive, and [regional transmission organization] participation adder are all revisited to ensure that all the costs and risks associated with transmission construction are not unfairly inflicted on consumers while transmission developers and owners stand to gain all the financial reward.”
Mark Christie
FERC Commissioner
12/20/2023
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Hoosiers FOR RELIABLE ENERGY
INDIANA GETS IT. Companies aren't just asking, “Where's a good site?” They're asking, “Where can I get the electricity to power it?”
As AI and advanced manufacturing drive electricity demand higher, access to reliable power is becoming an increasingly important factor in where businesses invest.
Indiana is exploring ways to accelerate energy development while preserving the regulated utility system and creating more opportunities for independent power producers to build generation and contract with utilities. The goal: get more power online faster while protecting ratepayers.
Hallador Energy is already demonstrating what private investment can deliver. Rather than relying solely on utilities to build new generation, independent power producers can invest in existing power plants, commit future electricity and capacity to utilities, and help meet growing demand. Hallador has signed agreements to sell electricity and generating capacity from Merom Generating Station to Duke Energy Indiana through 2035 and provide generating capacity credits to NIPSCO through 2040. This is private investment putting existing power infrastructure to work to help meet Indiana's future energy needs.
Thanks to Governor Mike Braun and his administration, Indiana is working to accelerate new generation, preserve reliable existing resources, and attract private investment to meet growing electricity demand, while protecting Hoosier ratepayers from unnecessary costs and risks!
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A not-for-profit electric cooperative in rural western Kentucky ran the numbers, and the results speak for themselves.
Big Rivers Electric concluded that preserving and improving its existing coal and natural gas plants offers lower costs, stronger reliability, and greater resilience than retiring and replacing them.
The lesson? When utilities evaluate ALL their options in an Integrated Resource Plan, keeping existing power plants in the mix can be the better choice for the people who pay the bills.
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Nebraska ranks as the 7th-lowest state for electricity rates in the nation, with coal remaining the largest source of electricity generation.
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Affordability is growth, and growth is creating opportunity for rural Indiana.
Large energy projects are bringing jobs and strengthening local tax bases in communities that have been left behind by the last decade of energy policy. When large energy users pay more than their share of fixed costs, transmission lines, distribution lines, and power plant construction, existing ratepayers SAVE money.
Indiana made the right call. Rural communities are welcoming new investment while protecting the families and businesses that already call them home.
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With power demand rapidly rising, Indiana's own state report recommends that no baseload power plant be retired without a full review of ALL viable options first. Ratepayers deserve that protection!
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Hoosier coal miners visiting the Indiana Statehouse to voice their support for commonsense legislation aimed at ensuring Indiana depends on reliable energy.
