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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Don Lloyd who wrote (102853)	5/17/2001 5:30:01 AM
From: Ilaine	Read Replies (1) \| Respond to of 436258

You're absolutely right, Don, getting a tax break for installing renewable energy sources in your home or business distorts market behavior. But let's not fool ourselves, the "playing field" isn't level. The economy is already distorted. I'll take every tax break I can get. How much money do we spend on FERC and DOE? How much research into energy technology do they subsidize already? How much money do we spent keeping peace in the Middle East so we can have uninterrupted oil shipments? How much money will we spend storing spent fuel rods? If I buy photovoltaic cells and the equipment to hook my power supply to the grid, Virginia law requires Dominion Power to accept it and credit me at the retail price, not at the wholesale price it pays commercial producers. That's not a market transaction. With respect to electricity - "deregulation" is a misnomer - "restructuring" is a more honest term. The price I pay for electricity today is distorted. I pay 4.8 cents in the winter, 7.3 cents in the summer - in California it's now 13 cents to 20 cents. When it comes to electricity, as Flats and Tip and Art have so ably informed us, there ain't no such thing as a free market.-ng-