If your utility bills keep going up, you’re not alone. And gubernatorial candidate Paul Renner wants to bring them down.
Renner, a Palm Coast Republican who once presided over the House, assembled a group of supporters to workshop proposals to lower power costs.
He advocated for the following solutions: the lowest-cost electricity possible, domestically produced energy, and guaranteed service reliably even when demand is high.
Renner believes the incentive structure is broken, with profits decoupled from customer satisfaction, creating a perverse incentive for higher rates.
“The reality is that your electric bill is high not because it has to be, but because the system is set up that way. We will change that system so utilities do well only when customers do well. We will not allow for incentives that reward inefficient spending or allow utilities to pursue a green new scam agenda,” Renner said.
Renner’s team issued a media release after the event, saying attendees fretted about power costs and “how Florida’s regulatory structure allows utilities, overseen by the Public Service Commission, to earn guaranteed profits based on how much they spend delivering electricity, rather than how efficiently they operate.”
“If that seems backwards, it’s because it is. Utilities are rewarded for spending more, instead of saving customers money. That means Florida families end up paying the price for inefficiency, and that’s a major driver of this affordability crisis,” Renner said.
