Don't Raise Those Electric Rates!!!!

The Boy Mayor of Baltimore is at it again....trying to be the hero who puts his finger in the dike.

Unfortunately, like a tsunami, you're not going to stop the inevitible increase in electric rates. Property Taxes, income taxes and fuel costs have all increased since the Maryland Legislature signed that pact with the devil to freeze rates from 1999 to the present and deregulate the industry.

Once again the lack of an economic education in government raises its ugly head.

The Maryland Democrat rate freeze comes off this summer, and the power companies, like the rest of the power companies on the East Coast, are trying to recover some of the lost revenue caused by that freeze. We've got the same problems here in Delaware, but at least the pols here are trying to solve the problem, not turn it into a political football.

Where the Maryland and other legislatures screwed up in 1999 is that they didn't allow groups of businesses to form cooperatives to negotiate better power rates. Homeowner associations also could have been allowed to do this but the legislators, in their infinite wisdom, wanted their "Public Service Commission" to continue in their interference with the economic principal of supply and demand.

On the supply side, if it wasn't so hard to get permits to build new power plants, especially windmills, trash conversion and nukes, we might see more players in the power game, but the NIMBY crowd fights EVERY attempt at using potential renewable resources. Frankly, they can stew in the dark!

On the demand side, drive out I-70 in Maryland, or down US-13/Hwy 1 in Delaware and you can see the problem as folks on the East Coast continue to fly away from the Democrat Party controlled cities with their bloated governments, high taxes and even higher crime, but I digress.

Had my local Chamber of Commerce been allowed to negotiate favorable rates for electricity in my community, I  would have taken advantage of the offer. But our legislature, in its infinite wisdom, prohibited business groups from doing that.

Anyway, the Boy Mayor managed to get a Circuit Court Judge in Baltimore to stop the power company's attempts to advertise its rate increase plans on Wednesday.

Remember the old Peanuts cartoon? Linus is reading the bible, and says, "Its better to light a candle than curse the Darkness."

Next Frame: Lucy with her fist in the air saying "Curse you Darkness."

Someone should get all the Maryland legislators together so they can curse the darkness....together. The Boy Mayor of Baltimore can lead them....


 

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