editorial In the background of the ...

editorial

In the background of the high-minded debate about the activity Policy Act of 2005 is the undeniable fact of higher strength prices. Between October 2001, when Congres was deliberating the first version of the measure, and May 2005 the latest date that restraint numbers are available, natural gas prices projectile up from $6.39 to $ 1033 by thousand cubic feet. During that time, the price of an average kilowatt hour of electricity rose from $782 to $839

For facility executives, the vigor law represents a double opportunity. The measure furnishs tax incentives for investments in pluck efficiency and some kinds of power generation. ( behold article on page 10.) Those incentives are available for no other than two years, however - a window that will obviate many organizations from taking advantage of them.

But passage of the law also presents a reason to talk about efficacy to top management. The cutter for the conversation may be the tax incentives. Or it may be the ne to address, forward a corporate level, the matter of long-term efficacy economics, just as the intensity bill seeks to do forward a national level. Or headlines about the law - and efficiency prices - may offer a chance to dust not on proposals for energy upgrades that didn't win support in the past.

Whatever the goal of the conversation, now is a profitable time to hold it. Although there are copiousness of energy policy issues that remain to be addressed, there's no telling when or if Congres will revisit the control Indeed, given how long it took to get by heart the new law passed, this could make go round out to be a once-in-a-lifetime opportunity.

Edward Sullivan

Editor-in-Chief

edward.sullivan@tradepress.com

Copyright Trade Pres Publishing Company Sep 2005

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