Should windpower’s costs be spread to all power users in Delaware?
No, and here is why. The cost saved is already considerable. To not go through with the plan, would cost us far more than what we would save if we waited until trying to spread the cost among all users. The reason is because House Bill 06 was all about getting cheaper energy to those poor citizens who suffered the 59% rate increase. Bluewater Wind will do that. What you will pay for electricity in today’s dollars, will be $105 per MWH plus Delmarva’s 4% guaranteed profit margin, totaling 109.20 cents per MWH. That breaks down to 10.9 cents per kilowatt hour printed on your next twenty five years of electric bills. Check your Delmarva Bill ans see how that rate compares with what you pay today…… It’s like buying Mahaffie’s magical Honda Prius with no interest, ever. What is being said, by those opposing the wind deal, is “hey, let’s hold off and see if we can get this super great deal even cheaper. ” Chances are, we wait too long, someone like New Jersey will steal that great deal out f
