“Congress: Double Down on Competitive Power Markets”

For Immediate Release: September 24, 2020
Contact: Christina Nyquist | cnyquist@epsa.org
WASHINGTON, D.C. – Following the U.S. House of Representatives vote Thursday afternoon securing passage of the Clean Economy Jobs and Innovation Act (H.R. 4447), the Electric Power Supply Association (EPSA) released the following statement from President and CEO Todd Snitchler:
“Voters want affordable, reliable and competitive energy solutions. We are pleased to see that today’s vote avoids harmful policies that pick winners and losers and instead focuses on research and development to drive the innovation needed to meet America’s energy goals.
Going forward, we urge policymakers at every level to double down on competitive power markets to foster even greater innovation, efficiencies, cost savings and emissions reductions using all available resources and technologies. We look forward to working with Congress and all parties to create durable market-based frameworks to allow all resources to compete fairly to reduce emissions reliably and at the lowest cost.”
According to a July 2020 poll executed in partnership with Morning Consult, EPSA found broad support for competition to reduce power generation costs and emissions while encouraging reliable and affordable energy.
- 90% of U.S. voters say it is important for the U.S. government to encourage reliable and affordable energy sources.
- 86% of respondents believe minimizing customer and taxpayer power generation costs is important.
- 74% of voters want Congress to encourage competition among energy providers to reduce emissions at the least cost.
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The Electric Power Supply Association (EPSA) is the national trade association representing America’s competitive power suppliers. EPSA members provide more than 150,000 MW of reliable and competitively priced electricity from environmentally responsible facilities using a diverse mix of fuels and technologies including natural gas, wind, solar, hydropower, geothermal, storage, biomass, and coal. EPSA seeks to bring the benefits of competition to all power customers.Learn more at www.epsa.org and connect with us on LinkedIn and Twitter @EPSAnews.