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Renewable energy is smart investment for utilities

PJ Wilson, Columbia, MO.  (April 23, 2016) www.stltoday.com

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The commentary “Wrong fix for electricity problems” (April 13) from Rachel Payton of Americans for Prosperity falsely claimed that renewable energy and Missouri’s clean energy laws are to blame for recent rate increases in our state.

My organization, Renew Missouri, is one of our state’s leading clean energy advocates; we helped pass Missouri’s Renewable Energy Standard in 2008 with 66 percent of the vote, along with other clean energy policies. I feel the need to respond to some of the untruths in the commentary.

It is important to point out that Americans for Prosperity is funded primarily by the Koch brothers, two of the richest individuals in the world linked to hundreds of millions of dollars of political activity through “dark money” organizations. The group advocates primarily for fossil fuel interests, which is where the billionaire Koch brothers derive their wealth. 

As the Post-Dispatch observed this year, Ameren Missouri has raised electric rates by nearly 50 percent since 2007. This alarming trend comes not from renewable energy investments, but rather from Ameren’s expensive retrofits to their aging coal plants and the rising costs of fossil fuels.

Missouri’s Renewable Energy Standard requires that utilities’ rates not grow by more than 1 percent as a result of clean energy investments. Accordingly, Payton’s claim that renewables will cause nearly 15 percent rate increases has no basis in reality. A review of Ameren’s rate cases reveals that roughly half of their rate increases over the past decade are due to the rising cost of coal, which Ameren uses to create over 70 percent of its electricity. On the other side of the state, Kansas City Power & Light and Springfield City Utilities have made investments in wind energy.

Don’t let the robber-baron Koch brothers and their shills deceive you: Renewable energy is the smartest investment a utility can make for the future.

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Category: Editorial

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