Energy East is the parent ownership for RG&E and NYSEG utilities. They also own Central Maine Power Co. and several gas utilities in Connecticut and Massachusetts. Iberdrola is a Spanish company that recently purchased Energy East and Scottish Power and has created one of the largest electricity groups in Europe. Iberdrola is the world’s leading wind-energy company.
If the acquisition of Energy East is approved by federal regulators, what will be the impact on your electric utility bill? The cost of electric from wind generation is much higher over alternative methods.
The sale of RG&E and NYSEG is a true security risk to residents of western New York. This is not an imaginary threat, but it is a real risk. The dire destructive consequences of globalization will come home to roost in every check you pay to this foreign company that will be able to control one of our most important infrastructure facilities.
Get active and express your indignation to foreign control and ownership of our utilities and organize to stop Iberdrola now. Keep our utilities among domestic control and ownership. A European wind developer will not operate RG&E and NYSEG in the best interests of Americans.
Cohocton Wind Watch
7 July 2007
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