Allegheny Energy on Dec. 30 filed with the WVC PSC their "Alternative and Renewable Energy Portfolio Standard Compliance Plan" as specified in Governor Manchin's bill mandating an "Alternative and Renewable Energy Portfolio Standard". As we suspected, this provided relatively little actual incentive to promote renewable energy. Their report states:
"Mon Power and Potomac Edison anticipate they will generate enough credits based upon currently available resources for the 15-year term that no additional development, purchase or procurement will be necessary."
All I can add is to say: "See We Told You So!"
The plan is available at:
http://www.psc.state.wv.us/scripts/WebDocket/ViewDocument.cfm?CaseActivityID...'
Jim Kotcon