Monday, August 27, 2018

Empire Electric to build a billion dollar wind farm!

Empire Electric. now Algonquin Liberty out of Toronto Canada, is building a new Wind Farm in Missouri at a cost of one billion dollars. Until 2020, there will be huge credits given out by the Federal government. That money will greatly enhance the profit picture for the company's investors, many of who are Canadians. Prior to its sale in 2016, empire levied one of the biggest increases of any other electric service in Missouri, over 63%. That made us one of the highest payers for electricity anywhere around. Then in May, Empire levied another 'fuel cost' tax to offset increased fuel costs. This idea of paying on costs has been a tried and true tactic. One of my favorites was the manner in which they offered cash for anyone who installed certain efficient air conditioners and suck. Sadly, the customer that didn't upgrade, ended up paying for those who got checks! Now, they are cashing in on tax credits that will bolster the coffers of the company in Canada and which will like result in higher not lower rates over time.

In my view this will turn out to be yet another ripoff as we move through time. Orchestrated by a socialist democracy off to our north! You can contact the Missouri Office of public Consul and complain at:

Governor Office Building, Suite 650
200 Madison Street
PO Box 2230
Jefferson City, MO 65102-2230
Voice: 573-751-4857
Toll-Free: 866-922-2959
Fax: 573-751-5562
mopco@ded.mo.gov

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