TEST TW WEATHER

April 14, 2010 New energy bill would save money, PSC study finds

By MARY SPICUZZA [email protected] 608-252-6122

A new version of the state's energy bill, which was released
yesterday, would be cheaper than either doing nothing or making
changes proposed under the original bill, according to the Public
Service Commission of Wisconsin.

The PSC found the new Clean Energy Jobs Act would save at least $1.4
billion compared to maintaining the status quo for Wisconsin
consumers, and would cut between $1 and $3.7 billion from the total
cost of energy between now and 2025, compared to the original.

"This is the right bill at the right time," Eric Callisto, chairman of
the PSC told the Wisconsin State Journal.

Rep. Spencer Black, D-Madison, a lead sponsor of the legislation, said
the PSC report is an objective fiscal analysis showing "the bill as
amended will save billions of dollars" leading up to 2025.

The new version still would require 25 percent of the state's power
come from renewable resources by 2025, but would take into account
energy efficiency and conservation. It also says Wisconsin would need
to get 10 percent of its energy from in-state sources. But the new
version removes other controversial provisions, such as vehicle
emissions standards, the low carbon fuel standard and appliance
efficiency regulations.

The bill is scheduled for an Assembly committee vote tomorrow morning
at 10 a.m.

Critics like Wisconsin Manufacturers and Commerce have warned the bill
would implement expensive regulations and cost billions of dollars,
forcing costumers to pay increased rates and threatening Wisconsin
jobs.

But Dan Kohler, the director of Wisconsin Environment, said the PSC
analysis confirms that "the status quo is an economic drain." Kohler
said his group is encouraged by the scaled-back version, adding it
would move Wisconsin "significantly forward."

Other environmentalists and public interest groups haven't been as
impressed. A coalition of eight groups, including the Institute for
Energy and Environmental Research and Physicians for Social
Responsibility, criticized provisions loosening nuclear regulations.