I was inspired to weigh in again on the issue of global warming by an article titled “Post-coal Pueblo left out in the cold” by Lydia DePillis of the Washington Post. Under the headline there is a picture of Pueblo resident Sharon Garcia who “…doesn’t allow lights to be left on in rooms that aren’t being used.” She had her power shut off in 2010, and is constantly struggling to make ends meet running a day care center. She is struggling with paying her electricity bill because the residential rate per kilowatt hour has increased 26 percent since 2010.
The reasons for the increase are complex, and I suggest you read the entire article. The impact of regulatory requirements on utility companies is what attracted my attention. A big part of the problem is caused by “…coal plants shutting down as Colorado transitions to renewable energy.” Black Hills Energy provides power to Pueblo, and Colorado’s 2010 Clean Air—Clean Jobs act caused them to shutter three older plants that would have been too expensive to overhaul. Utility regulators guarantee Black Hills an 8.53 percent return, which gives it an incentive to close nearly all of its relatively inexpensive coal capacity, build new plants, and pass the costs to consumers. Continue reading
