Arkansas Gov. Asks Congress to Investigate Agency’s ‘Elevated’ Price Of Power Source Fox News
Posted On July 20, 2021
The Arkansas Republican Party has asked Congress to investigate the agency that oversees electric utilities.
In a letter to Sen. Mark Pryor (D-Ark.), the party said the state’s electric utilities commission “has an elevated rate for power that is not supported by the evidence, and we strongly urge the commission to initiate an independent investigation of the utility’s rate increases and the potential conflicts of interest it has.”
“We also urge the Department of Commerce to investigate whether these rates are in conflict with interstate commerce or the federal Clean Air Act,” the letter states.
“The rates charged to your State’s power plants by your own agency have not been substantiated by the agency, and any suggestion that these rates have been inappropriately increased is unacceptable,” it adds.
The letter comes a day after the commission approved a $1.5 billion loan to help cover costs at Arkansas’ three coal-fired power plants, which were shuttered in 2013.
The governor, who is running for re-election in November, said the coal plants were the only coal-burning plants in the state that were profitable.
The agency oversees electric power markets and has been criticized for its use of market incentives to encourage power plants to build new power plants.
The utilities commission declined to comment on the letter.