Letter to the editor written by John Potts, from Haubstadt, IN. Used with permission.
Texas racked up tens of billions of dollars in electricity expenses following February’s blackouts. Unfortunately, Texas will most likely spend years paying down those costs.
According to BloombergNEF, energy prices during the polar vortex in Texas accounted for the most expensive week in the history of U.S. power markets. The state spent some $50 billion on electricity!
NPR reported that a Dallas, TX man by the name of DeAndrew Upshaw, typically spends $80 a month for electricity, and on a bad month, he spends $300. Mr. Upshaw’s electric bill for the 7-day period of the polar vortex was an unimaginable $6,700.
As a fiscally conservative Hoosier who can certainly not afford $6,000+/month electricity, I urge my local, state, and congressional leaders to continue to ensure Indiana remains dependent on reliable energy.
The Senate Utilities Committee met two weeks ago in a meeting titled “Lessons from Texas”. The Indiana Utility Regulatory Commission (IURC), the Midcontinent Independent System Operator (MISO), International Energy Agency (IEA), and the Pennsylvania, Jersey, Maryland Power Pool (PJM) presented to the committee ways in which they work and operate to ensure Indiana energy remains dependable.
It was made clear that although a diverse amount of energy sources to power our grid is beneficial, renewables will never replace what coal can produce 24/7. Our state cannot afford to allow solar and wind to replace coal. As a proud coal miner for 18 years, I can attest to the reliability coal provides the state of Indiana and the economic benefit it provides miners like me.
Please Indiana, we can literally not afford to be like Texas.