That proposal would be all well and good, if ratepayers could count on that counter-cyclical, credit spending government stimulus instead of private investment. But, you know, Keynes's cries are like, whatever, lost in the wind, eh.

Perspective on $0.244/kwh Deepwater - National Grid, Y1

Additional fees and taxes apply to kwh billing. For example, MD is an RGGI member, too. Itemization of Feb 2010 (seasonal residential rate/kwh) is as follows. And this wasn't an actual meter reading; Pepco estimates and bills! har har har.

Distribution Services
 0.02247 (x 460KWH) Energy Charge
 0.00003 (x 460KWH) Demand Side Management Surcharge
 0.00062 (x 460KWH) Franchise Tax (delivery)
 0.00015 (x 460KWH) Universal Service Charge
 0.00533 (x 460KWH) MD Environmental Surcharge
 0.00105 (x 460KWH) MoCo Energy Tax
 0.02040 (x 460KWH) Gross Receipts Tax (%)
(0.00093)(x 460KWH) RGGI Rate Credit
(0.00105)(x 460KWH) Administrative Credit
SUBTOTAL $19.64

Generation Services
 0.11579 (x 460KWH) Energy Charge
 0.00016 (x 460KWH) Procurement Cost Adjustment
SUBTOTAL $53.34

Transmission Services
 0.00348 (x 460KWH) Energy Charge
 0.0204 (x 460KWH) Gross Receipts Tax (%)
SUBTOTAL $1.63
TOTAL       $74.61

::

0.244 x 460KWH = $103.04 Generation Services, +93%
0.486 x 460KWH = $223.56 Generation Services, +319%

::

Deepwater's proposal is simply insulting.

Diversity is the key to economic and political evolution.