Last week, the MD-PSC staff came out with a motion claiming that PATH will "save money" for the electric customers in Maryland. What a crock! The motion talks about "congestion costs" that will be saved once PATH is built. It completely fails to mention the costs of building the PATH project that are sitting on the other side of the scale. Do these "congestion costs" cost Maryland electric customers more than building PATH will? No. Congestion costs are currently rebated to customers through the PJM Financial Transmission Rights system. "Congestion costs" cost the power companies money, not the ratepayers. However, the cost of building PATH will be borne by the ratepayers. What PATH will do is shift these costs from the power companies onto the backs of ratepayers.
So, where did this PSC staff attorney get this crazy idea to try to push this flim-flam? Could it have anything to do with PATH's lobbying in Maryland on the issue of Certificate of Need? (see page 38) Yeah, PATH, we get it ;-)