The plan will account for enough lines to carry 18,000 MW – a serious amount of electricity. The state currently generates 5,000 MW, so these lines will leave plenty of room for growth, which T Boone Pickens will help to fill with this own wind plan.
The plan’s funding is coming (in part) from the people who will benefit from the electricity – citizens will pay and extra $3 to $4 each month on their electricity bills for he next few years, which is a pretty small price to pay for getting clean energy delivered to your home. The rest of the funding will come from other investors. Oncor, for example, filed with the Public Utility Commission to show it has its wallet on the table to help with a big chunk of the project. The lines would be up and running somewhere in the next 3 to 5 years, and after that, users would likely see some savings in their energy bills.
Since electricity costs are high, partly because of clogged transmission lines, the project really is practical, and will help out with energy costs as well as reducing pollution. Yet, the one person on the Texas Public Utilities Commission voting against the project, Julie Caruthers Parsley, said she worries this will delay other projects like the building of nuclear power plants. There’s always at least one…
Let’s just hope this project does exactly that. Should this plan come to fruition,