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Energy Efficiency: How NOT To Do It http://apocadocs.com/s.pl?1255351179
On October 5, First Energy (NYSE: FE) announced a planned energy efficiency program, involving the delivery of two compact fluorescent lightbulbs (CFLs) to each of its residential and small commercial customers in Ohio.... the plan would have had each customer pay $21.60 on bill surcharges over 36 months for this package of two CFLs -- whether they were used or not, or even wanted or not.... The $21.60 in extra charges not only covered the cost to First Energy of acquiring and delivering the two CFLs, but also would reimburse First Energy for the reduction in revenue associated with the use of these more efficient CFLs in lieu of traditional incandescent bulbs.
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[Read more stories about:
efficiency increase, bad policy, economic myopia]
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Paying for energy not used! What a great idea!
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