GOT IT RIGHT!
Wednesday, December 17, 2014, an article by Peter Cohan was posted here; "Can municipal electric utilities cut our electricity bills?" Within this article was an acronym, MAMEC, which according to a web site stands for Massachusetts Alliance for Municipal Electric Choice, not to be confused with MMWEC or Massachusetts Municipal Wholesale Electric Company.
MAMEC is a group of municipalities and organizations supporting legislation to allow new municipal electric utilities to be created beyond the current 41 already in existence. A bill, H2927 (the muni bill) has been in the statehouse for some time, according the their website. You can google this and check it out!
MMWEC is Massachusetts Municipal Wholesale Electric Company and according to a website, established in 1969 through a public energy partnership. In 1976, MMWEC became a nonprofit public corporation and political subdivision of the Commonwealth of Massachusetts that is empowered to issue tax exempt revenue bonds to finance ownership interests in energy facilities. 21 municipal light departments are members of MMWEC (Templeton is a member).
You can also google this and check it out, I would encourage all to do this as it does affect you. I also would be of the opinion that Mr. Cohan had the correct name in his article and I hope this tid bit has cleared up any confusion.
Jeff Bennett
According to MAMEC's analysis of data from the Massachusetts Municipal Wholesale Electric Company, for the average household that consumes 500 megawatts of electricity each month, National Grid charged $85 — 19 percent more than the average municipal utility that billed consumers $71 for the first nine months of 2014.
ReplyDeleteAfter reading the MMWEC data info posted incorrectly i would think the rest of this info would be questionable.
The windturbine at gansett puts out max 1.76 megawatt. The term kilowatts and megawatts are a little bit different.
If the teacher Mr. Cohen reads like i do that's a fault i admit to having.
My point was when a previous mention of MMWEC was read was to point out the power over the rest of the power providers when it comes to the thumb they are under. Without the MMWEC CORPORATION they industry may have a chance to better serve the public and be allowed to build plants and buy long term power supplies for the rest of the states electric customers to purchase cheaper and lower the average non muni towns and cities. With our power provider in Templeton using the customers and town as a chip to bargain with as gaurantee of payment the MMWEC acts like a bank to finance and allow co op corporatios and loan even more. In the case of Princeton light a co op partner with Templeton light they to are sacked with debt over the trubine cost and lower power output than were told they would have. The facts are the deck is stacked against the other than Muni power plants as the rules are made to hurt the rest of the power providers and limit the cost control normal industry need to survive. In the end every Mass power customer suffers with a higher and higher power bill and not all that were told is the truth. How do you feel about paying again and again for the renewable energy? The shell game of cost and profits is the way the Muni power providers keep the cost up and just a little lower than the others. Thats like our wind turbine repair account going from 30,000.00 per year to 100,000.00 the next year and no reason other than calling it a cost. Every dime they get for REC money goes to lower the bills to keep us just lower for face sake. I can tell you from talking to other Municipal light plant managers they are not all happy with the MMWEC way of business and purchase the power from other generation providers not from MMWEC. I would have to ask why would that be? Because the power the MMWEC provide the MUNI is not the cheaper way to go. They to have problems and saddle the 21 or less with pass through cost as the 21 are on the hook for any problems like a nuclear meltdown at one of 5 reactors and not to mention the prepurchase of oil to run the plants when the natural gas is in shortage. With oil price down and cost of nuclear up who will be saying the bills are going to stay this way. The truth is being put on the last page of the book and most people don't finish the first chapter never mind get the whole story. I would advise every home owner to get a generator and get use to having it ready. Ask Sony if the cost to produce a movie is predictable.
Did i mention the bonds issued by the MMWEC are a tax free interest income for the people/banks who are lucky enough to be allowed in the inner circle? Tax free and guaranteed by 21 cities and towns against default. Yes that's Templeton too!
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