🚀 go-pugleaf

David Ruggiero (osiris@halcyon.com) wrote:

: Sorry to both of yous guys, but the main reason that Seattle City light
: rates are among the lowest in the country (lower than almost any other
: major urban area - this shoots a hole in Mark's argument) is that 50-75%
: of their power is supplied by their wholly-owned, fully-amortized, and
: (relatively) cheap hydroelectric dams on the Skagit River. Puget Power,
: on the other hand, has to either generate its own power using fossil
: fuels or buy it at higher (near market) rates from the BPA (with its
: newer, higher-cost dams and WPPSS involvement), or at very high (full
: market) rates from the West Coast grid.

So true.  My claim is that this has happened because City Light, not
being guided by short-term profits, managed to put together a
reasonable supply system.  Puget Power, with stockholders, had a much
shorter-term outlook.
-- 
Phil Hughes - FYL - 8315 Lk City Wy NE - Suite 207 - Seattle, WA 98115 
Phone: 206-526-2919 x74      Fax: 526-0803
E-mail: fyl@fylz.com or nwnexus!fylz!fyl