How do you think you meet that balance if you're on the commission? Well, statutorily, the utilities have a guaranteed rate of return. It's about a little over 10% for AP's, for example. The Current regulations provide a regulatory subsidy for investing in more expensive infrastructure. So that's why they're talking about building new methane plants to power the peaks. If you're looking at the difference between 100 megawatt solar storage plant and 100 megawatt methane plant, the cost difference over 30 years is about 50% more. (20:11–20:19)
CLAIM
Asserts that regulations subsidize investments in more costly infrastructure.
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