Who should pay for the LEAPS plant? CAISO says Nevada Hydro should. Nevada Hydro says the California Rate Payer should and has asked the FERC to make this possible.
Action you can take to help stop LEAPS
Why LEAPS is not economically viable
What credible persons and agencies say
Lies, Inaccuracies, and Misleading Statements
References, documents and links
Who should pay for LEAPS?
In this document, NvToFerc_1_20070622-5065(17520113).pdf, Nevada Hydro to FERC that complains that CAISO's recent unfavorable action on LEAPS was misguided. Specifically, Nevada Hydro wants FERC's help to force CAISO to have the California ratepayers pay for building and operating LEAPS as part to the Transmission Access Charge (TAC) that appears on monthly electrical bills. Nevada Hydro also wants CAISO to take over the day-to-day operation of LEAPS. (CAISO had recently rejected these possibilities; see here.)
Caiso replies in this document, CaisoReplies_2_20070709-5072(17601067).pdf. CAISO stands firm on their position not to include LEAPS in the Transmission Access Charges and not to operate LEAPS. CAISO makes and repeats the argument in their response that if all the financial benefits that NEVADA HYDRO argues that LEAPS will bring are true, then it doesn't make any sense for Nevada Hydro to try to give away the operation of LEAPS and to shift the cost of building LEAPS to the rate-payers. Rather, Nevada Hydro should be happy to be able to build LEAPS and make all the money they argue is to be had. On the other hand, CAISO argues, if Nevada Hydro does not have confidence in their financial forecasts for LEAPS, it is totally inappropriate to ask the California rate payers to assume all the risks associated with LEAPS.
San Diego Gas & Electric also attack the details of Nevada Hydro's "new" financial analysis in this document: SDGE_20070709-5049(17600284).pdf.