Public power would be a good deal | Letter to the editor

To the editor:

The Review reports on the cost for islanders to acquire the PSE electric system as found in the just released draft “Bainbridge Island Electric Utility Feasibility Study.” This document shows that what might appear to be a high price in fact would be a good business deal for Bainbridge Island. Buying out PSE is essentially a buy vs. rent decision.

The draft study shows that a fair and reasonable purchase price for PSE’s aging and failure-prone system is about half the amount that PSE has been bandying about. The study shows us that the purchase price may seem high but the “mortgage” payment will be less than continuing to rent the infrastructure.

Our PSE “landlord” has been ignoring the wishes of its tenants. PSE continues to deliver power from its carbon-based plants (coal and gas fuel). PSE raised rates without asking Bainbridge citizens 11 percent in December 2015.

This rate increase has cost islanders $2.4 million more for 2016. Kitsap County has more frequent and longer power outages than any other county PSE serves. Communities with public power have much better reliability.

The business case for public power appears to be very strong. Bainbridge could become a carbon-free energy island, joining Seattle and other carbon neutral communities.

The study also explores the governance options, PUD, cooperative, city managed or “board managed.” The best option is likely to be a “Bainbridge Electric Board” power system.

Public power is likely to be a very good deal for our community.

STEVE JOHNSON

Bainbridge island

More in Letters to the Editor

Sakai project ends on the right foot | Letter to the editor

To the editor: The Sakai Shoe Project just reached its successful conclusion… Continue reading

Auction benefits youth fly fishing | Letter to the editor

To the editor: Many of you may not know there is a… Continue reading

Constant contact does bring results | Letter to the editor

To the editor: I like Blair Bess’ ideas on activism, but would… Continue reading

Might be time for some new blood | Letter to the editor

To the editor: I do not know whether Rod Stevens’ experience trying… Continue reading

Please help support our public schools | Letter to the editor

To the editor: As a parent in the Bainbridge Island School District… Continue reading

Much respect for an amazing team | Letter to the editor

To the editor: I attended the community input meetings with the Bainbridge… Continue reading

COBI’s surprise move raises questions | Letter to the editor

To the editor: I have attended two of meetings of the Island… Continue reading

Spartronics grateful for community support | Letter to the editor

To the editor: We would like to thank all people in the… Continue reading

Incredible turnout at Float & Film | Letter to the editor

To the editor: This past Saturday our junior Class of 2019 from… Continue reading

Light duty for an elected representative | Letter to the editor

To the editor: The 2018 “Trust Barometer” recently published by Edelman, an… Continue reading

Rep. Kilmer supports impending Farm Bill | Letter to the editor

To the editor: As a retired nurse I am dismayed that the… Continue reading

Congratulations on a great event | Letter to the editor

To the editor: If you missed Weaving Histories at BIMA last month,… Continue reading