State of Energy I -- 5 July 2001

>> Gary: JUST AHEAD ON "NEED TO KNOW," YOU MAY GET YOUR POWER FROM RG&E, BUT WHERE DO THEY GET IT FROM? YOU MAY NOT KNOW THAT ROCHESTER IS A NUCLEAR TOWN. JOIN US NEXT FOR THE FIRST OF A SPECIAL TWO-PART COLLABORATIVE INVESTIGATION WITH WOKR TV's NEWSSOURCE 13 AS WE GO INSIDE RG&E's TWO MAIN POWER PLANTS TO FIND OUT IF ROCHESTER WILL HAVE ENOUGH ENERGY FOR THE FUTURE. IT'S ALL COMING UP NEXT ON "NEED TO KNOW."

>> WE'RE NOT SUSCEPTIBLE TO THE PROBLEMS THAT HAVE PLAGUED CALIFORNIA IF WE KEEP OUR EYE ON THE BALL, IF WE PAY ATTENTION, IF WE WORK TOWARD A SOLUTION.

(Music)

>> THIS IS "NEED TO KNOW," THE ROCHESTER AREA'S ONLY IN-DEPTH NEWS PROGRAM. "NEED TO KNOW" IS A PRODUCTION OF WXXI NEWS AND PUBLIC AFFAIRS COVERING ISSUES, POLITICS, EDUCATION AND CURRENT EVENTS.

>> "NEED TO KNOW" IS MADE POSSIBLE BY THE DAISY MARQUIS JONES FOUNDATION, BY DORSCHEL LEXUS, AND THROUGH THE SUPPORT OF VIEWERS LIKE YOU.

>> Gary: THANK YOU FOR JOINING US. I'M GARY WALKER. THE HOT SUMMER AND ROLLING BLACKOUTS MAKING HEADLINES OUT OF CALIFORNIA MAY HAVE MANY OF YOU WONDERING ABOUT OUR ENERGY SUPPLY AND WHETHER WE COULD SUFFER THE SAME FATE. ROCHESTER GAS AND ELECTRIC SAYS NO. THEY REPORT 50% OF THEIR ENERGY SUPPLY COMES FROM THE GINNA NUCLEAR POWER PLANT, 25% FROM THE RUSSELL COAL STATION. BOTH POWER STATIONS ARE OWNED AND OPERATED BY RG&E. THE REMAINING 25% COMES FROM LONG-TERM CONTRACTS WITH HYDRO ELECTRIC AND GAS COMPANIES. RG&E SAYS THEY PRODUCE MORE THAN ENOUGH ENERGY FOR OUR AREA. THE GINNA NUCLEAR POWER PLANT AND THE RUSSELL COAL STATION HAVE BEEN PROVIDING ELECTRIC POWER TO OUR AREA FOR DECADES, BUT DO YOU KNOW WHERE -- DO YOU KNOW WHERE TO FIND THEM OR HOW MUCH ELECTRICITY THEY PRODUCE? "NEED TO KNOW'S" MATT CUMMINGS GIVES A THUMBNAIL SKETCH.

>> Matt: THE RUSSELL COAL STATION IS LOCATED ON THE SHORES OF LAKE ONTARIO IN THE TOWN OF GREECE, NEAR CHARLOTTE BEACH. IT OPENED FOR SERVICE IN 1948. AT ANY ONE TIME, RUSSELL CAN PRODUCE UP TO 257,000 KILOWATTS OF ELECTRICITY, OR ABOUT ONE-QUARTER OF OUR COMMUNITY'S ELECTRIC NEEDS. THE GINNA NUCLEAR POWER PLANT IS LOCATED ABOUT 20 MILES FROM DOWNTOWN ROCHESTER IN THE TOWN OF ONTARIO. IT OPENED FOR SERVICE IN 1970 AND CAN PRODUCE UP TO 500,000 KILOWATTS OF ENERGY AT ANY TIME OF THE DAY, OR HALF OF THE ROCHESTER AREA'S ELECTRIC NEEDS. THE FACILITY'S OPERATING LICENSE IS UP FOR RENEWAL IN 2009. BOTH RUSSELL AND GINNA PROVIDE POWER TO RG&E's SERVICE AREA THAT SPANS 2,700 SQUARE MILES OVER NINE COUNTIES, FROM LAKE ONTARIO TO THE PENNSYLVANIA BORDER.

>> Gary: HYDRO ELECTRIC POWER IS THE CHEAPEST MEANS OF PRODUCING ELECTRICITY, MAINLY BECAUSE PLANTS DON'T HAVE TO PAY FOR THE FUEL TO CRANK THE TURBINES. THAT'S THE WATER. HOWEVER, NATIONALLY, COAL-BURNING PLANTS ARE STILL THE MOST POPULAR MEANS OF PRODUCING ELECTRICITY. NEWSSOURCE 13's JANE FLASCH SHOWS US HOW THE RUSSELL COAL STATION PROVIDES US WITH NEEDED ENERGY.

>> Jane: GRANULES OF COAL ARE CARRIED BY CONVEYOR AND PULVERIZED INTO A FINE POWDER, WHICH FUELS A FIREBALL BURNING AT 2,500 DEGREES. IT TAKES 100 TONS OF COAL AN HOUR TO TURN WATER FROM LAKE ONTARIO INTO STEAM, WHICH MOVES TURBINES AT 3,600 REVOLUTIONS PER MINUTE TO GENERATE THE ELECTRICITY THAT POWERS ROCHESTER.

>> MOST OF THE COUNTRY GETS MOST OF ITS ELECTRICITY FROM COAL-BURNING POWER PLANTS, STILL THE MOST POPULAR FUEL SOURCE, MOST DEPENDABLE FUEL SOURCE.

>> Jane: THE TECHNOLOGY THAT CREATES ELECTRICITY HASN'T CHANGED MUCH SINCE ROCHESTER'S RUSSELL STATION WAS BUILT IN 1947. MANAGING IT HAS. THIS IS THE NERVE CENTER WHERE COMPUTERS NOT ONLY MONITOR THE EQUIPMENT BUT ALLOW TECHNICIANS TO CHANGE OPERATIONS WITHOUT EVER LEAVING THE ROOM.

>> IF THE UNIT IS REQUIRED TO PROVIDE MORE COAL BECAUSE OF MORE OUTPUT REQUIRED ON THE UNIT, THEN THEY CAN ADJUST AN INCREASED FLOW OF COAL TO THE GRINDING EQUIPMENT HERE.

>> Jane: SO IT'S ACTUALLY JUST A TOUCH OF THE SCREEN.

>> IT'S A TOUCH OF THE SCREEN HERE CAN MAKE ANY ADJUSTMENT REQUIRED TO THE UNIT.

>> Jane: COMPUTER TECHNOLOGY AIDS RUSSELL STATION IN BEING A GOOD ENVIRONMENTAL NEIGHBOR TO LAKE ONTARIO AND THE SURROUNDING COMMUNITY.

>> THIS IS NOT BAD. I HAVEN'T BEEN HERE THAT LONG. I'VE BEEN HERE, OH, ABOUT TEN YEARS. IT KEEPS THE WHOLE AREA CLEAN AND EVERYTHING.

>> Jane: A QUARTER OF ROCHESTER'S ELECTRICITY IS GENERATED HERE, ANOTHER 50% AT THE GINNA NUCLEAR POWER PLANT. BETWEEN THE TWO, ROCHESTER POWER AND ELECTRIC CAN PRODUCE ITS OWN POWER CHEAPER THAN IT CAN BUY IT ON THE OPEN MARKET, AND THAT PROTECTS ALL OF US FROM THE VOLATILITY THAT HAS LED TO BLACKOUTS IN CALIFORNIA AND SURGING PRICES ELSEWHERE. YET NEW YORK STATE CAN NO LONGER TAKE POWER SUPPLIES FOR GRANTED.

>> THE FOLKS THAT RUN THIS ELECTRICITY MARKET HAVE ESTIMATED THAT WE NEED IN NEW YORK STATE THE EQUIVALENT OF ABOUT 19 GINNA PLANTS IN THE NEXT FIVE YEARS. YOU KNOW, HOW MANY ARE CURRENTLY UNDER CONSTRUCTION? ONE.

>> Jane: THE ANSWER MAY LIE IN WHAT'S CALLED FUEL DIVERSITY, A PLAN WHERE ALTERNATIVE SOURCES OF POWER, CONSERVATION, COAL AND NUCLEAR ALL HAVE A PLACE. JANE FLASCH, NEWSSOURCE 13.

>> Gary: JUST FOR REFERENCE, WHEN DESCRIBING A KILOWATT, YOU HAVE TO IMAGINE TEN 100-WATT LIGHT BULBS BURNING FOR ONE HOUR. NOW JOINING ME IN STUDIO TO DISCUSS THEIR ENERGY SUPPLY ARE MIKE POWER, APPROPRIATELY NAMED SPOKESMAN FOR ROCHESTER GAS AND ELECTRIC, AND DEMOCRATIC ASSEMBLY MAN PAUL TONKO. HE IS THE CHAIRMAN OF THE ASSEMBLY'S ENERGY COMMITTEE. THEY'RE VERY INTO THIS SUBJECT RIGHT NOW, AND HE CAME ALL THE WAY FROM ALBANY TO JOIN US TODAY. WE DID HAVE A REPRESENTATIVE FROM THE STATE SENATE ENERGY COMMITTEE BUT HIS SCHEDULE OVERLAPPED, PREVENTED THEIR ATTENDANCE THIS WEEK, BUT WE'LL HAVE A STATE SENATE PARTICIPATION NEXT WEEK. GENTLEMEN, THANK YOU FOR JOINING US. SENATOR TONKO, THANK YOU VERY MUCH. THANK YOU FOR COMING ALL THE WAY IN. THIS IS A SUBJECT I KNOW YOU'RE INTENSELY INVOLVED IN, AND THERE'S A LOT GOING ON NOW. I KNOW THERE'S A LOT OF POLITICS IN THIS ENERGY DISCUSSION THAT WE HAVE TO HAVE. BUT LET'S PUT THAT ON HOLD FOR A SECOND AND LET'S TALK IN THE IMMEDIATE IN THIS AREA AND, MIKE, I WANT TO START WITH YOU. RG&E IS SAYING WE'RE FINE FOR POWER, THAT THIS AREA IS SOLID. WE'RE NOT GOING TO HAVE ANY CALIFORNIA TYPE SITUATION. WHY?

>> PRIMARILY BECAUSE WE OWN OUR OWN POWER PLANT. THE STATE REACHED INDIVIDUAL SETTLEMENTS TOWARD A RESTRUCTURED ELECTRIC UTILITY INDUSTRY SEVERAL YEARS AGO, AND IN OURS WE WANTED TO RETAIN OUR OWN POWER PLANTS, AND WE WERE SUCCESSFUL IN PERSUADING THAT WAS, YOU KNOW, THE RIGHT WAY TO GO. SO WE'RE ABLE TO SUPPLY ALL OF OUR CUSTOMER NEEDS ON MOST DAYS, NOT ALL DAYS BUT ON MOST DAYS, WITH THE POWER PLANTS THAT WE OWN, AND AS THINGS HAVE TURNED OUT, THAT POWER IS CHEAPER COMING OUT OF THOSE PLANTS FOR OUR CONSUMERS THAN THE POWER ON THE OPEN MARKETPLACE, WHICH HAS ALLOWED US, OVER THE LAST FIVE YEARS, TO REDUCE ELECTRIC RATES GRADUALLY.

>> Gary: OKAY. SO WE'RE AT 95 DEGREES FOR THE MONTH OF AUGUST DAY IN AND DAY OUT. WE'RE STILL GOING TO HAVE POWER?

>> YES, THAT'S RIGHT. WE MAY HAVE TO GO OUT AND BUY SOME OF THAT IN THE MARKET, BUT WE PLAN FOR THAT SORT OF THING, AS I'M SURE CHAIRMAN TONKO'S FAMILIAR WITH THE LONG-TERM ENERGY MARKET PLACES AS WELL AS THE DAILY SPOT MARKETPLACE. YOU KNOW, WE OWN POWER PLANTS AND WE SIGN LONG-TERM CONTRACTS TO KEEP THE DOWNWARD PRESSURE ON PRICES.

>> Gary: I AM VERY MUCH TAKEN WHEN LOOKING AT SOME OF THE ISSUES HERE, CHAIRMAN TONKO, THAT WHAT Mr. POWER HAS JUST SAID IS THAT WE'RE KIND OF A UNIQUE AREA IN THE FACT THAT WE OWN THE MEANS OF PRODUCTION, AT LEAST OUR UTILITY OWNS THE MEANS OF PRODUCTION.

>> ABSOLUTELY, AND WHAT'S INTERESTING ABOUT NEW YORK STATE IS, FIRST, WE HAD SPOKEN BEFORE THE SHOW ABOUT THE LACK OF INFORMATION OUT THERE AND THE LACK OF PUBLIC EXCHANGE ABOUT A VERY IMPORTANT TOPIC. THAT'S PRIMARILY DRIVEN, I BELIEVE, BECAUSE THIS WAS DONE IN A UNIQUE WAY. WE ARE THE ONLY STATE, MAJOR STATE IN THE COUNTRY TO DEREGULATE OUR ELECTRIC INDUSTRY BEHIND CLOSED DOORS WITH REGULATOR WORKING OUT SETTLEMENTS WITH EACH OF THE UTILITIES. IN OTHER STATE CAPITALS, THEY HAVE PUT TOGETHER A LEGISLATIVELY PRESCRIBED BLUEPRINT THAT WILL ALLOW FOR OPEN PUBLIC DEBATE ON ISSUES AND GO FORTH WITH DEREGULATION. SO THAT'S THE FIRST ISSUE THAT -- OR THE FIRST DYNAMIC THAT TELLS US WHY IT MIGHT BE SOMEWHAT VEILED IN TERMS OF AN ISSUE. BEYOND THAT, EACH SETTLEMENT WAS PRODUCING DIFFERENT TERMS, LACK OF STANDARDIZATION. AND WHILE WE SEE HERE THE MOST STABILITY, IN THE ROCHESTER AREA, WITH THE RG&E CONCEPT AS DESCRIBED BY MIKE, WE WILL FIND THAT IN SOME PLACES, LIKE METRO NEW YORK, WE'RE AKIN TO CALIFORNIA FOR HAVING CREATED A SAN DIEGO ON THE HUDSON WHERE YOU DON'T HAVE LONG-TERM CONTRACTS AND YOU'RE HAVING SPIKES PRODUCED IN THE MARKET THAT ARE ABSORBED TOTALLY BY THE PUBLIC.

>> Gary: I THINK THIS IS SOMETHING THAT I WANTED TO MAKE VERY CLEAR IS THAT ROCHESTER AREA IS PROBABLY UNIQUE, MAYBE EVEN IN NEW YORK STATE, FOR AREAS THAT ACTUALLY HAVE THEIR UTILITY OWN THE MEANS OF PRODUCTION.

>> WHILE THEIR RATES HAVE BEEN COMING DOWN, AND THAT'S TREMENDOUSLY GOOD NEWS FOR THEIR CONSUMERS, ON AVERAGE THE STATE HAS SEEN AN INCREASE, AND WE HAVE, IN RELATIVE TERMS, BECOME EVEN FURTHER REMOVED FROM THE NATIONAL AVERAGE, WHICH SPELLS DISASTER, I BELIEVE, FOR OUR BUSINESS COMMUNITY, WHICH RELIES HEAVILY ON THE COMMODITY OF ENERGY AND ON HOUSEHOLD BUDGETS THAT ARE UNDULY PRESSURED BY RISING COSTS WHEN IN FACT THE COMMITMENT MADE BY THE THEN CHAIR OF THE PUBLIC SERVICE COMMISSION WAS THAT EVERYONE WOULD SEE REDUCED RATES, AND WE'VE GONE FROM 62% ABOVE THE NATIONAL AVERAGE TO 70% ABOVE THE NATIONAL AVERAGE, AND THE NEWS IS EVEN WORSE FOR RESIDENTIAL AND COMMERCIAL CUSTOMERS.

>> Gary: I WANT TO TALK ABOUT THAT, BUT I WANT TO GET TO THE ONE AREA BEFORE WE GET INTO THAT; AND THAT IS WE JUST HEARD THAT, LOOKING DOWN EVEN THE NEXT SEVERAL YEARS IN NEW YORK STATE, WE NEED MORE POWER. WE NEED MORE PLANTS BASICALLY.

>> RIGHT.

>> Gary: TO CONTROL OUR OWN FUTURE. NOW, I'VE HEARD ANYTHING FROM 15 TO 19 NUCLEAR POWER PLANTS WILL BE NEEDED IF, YOU KNOW, IF THE DEMAND COMES UP THERE. MY QUESTION IS THAT, FIRST OF ALL, DOES RG&E HAVE ANY PLANS FOR ANY OTHER FURTHER PLANT DEVELOPMENT? AND STATEWIDE, DO WE NEED MORE? DO WE NEED THESE PLANTS AND IS IT GOING TO HAPPEN?

>> WELL, I DON'T THINK THAT THE PLANTS NEED TO BE NUCLEAR. THEY CAN BE FROM ANY FUEL SOURCE. MOST OF THE PLANTS IN THE PIPELINE, AT LEAST ON THE DRAWING BOARD NOW, ARE GAS-FIRED, FIRED BY NATURAL GAS TO CREATE THE --

>> Gary: ISN'T THAT THE MOST EXPENSIVE THOUGH?

>> WELL, IT CERTAINLY IS RIGHT NOW. THE PRICE OF NATURAL GAS WENT THROUGH THE ROOF LAST WINTER. NO ONE EXPECTS IT REALLY TO GET BACK TO THE LEVELS IT WAS, YOU KNOW, TWO OR THREE YEARS AGO; BUT IT'S A CLEANER-BURNING RESOURCE AND IT'S MUCH FASTER TO BUILD THOSE KIND OF PLANTS THAN IT IS NUCLEAR POWER PLANTS.

>> Gary: ARE THEY EASIER TO SITE, TOO, FOR PUBLIC RESISTANCE TO ANYTHING THAT YOU BUILD?

>> SINCE WE HAVE SITED VERY FEW PLANTS IN THE STATE, IT'S SORT OF HARD TO SAY, BUT YOU CAN BUILD THEM AND BUILD SMALLER ONES AND THEY BURN A LITTLE CLEANER SO IT'S THEORETICALLY MORE EASILY SITED. BUT THE ESTIMATES THAT YOU'VE HEARD, WE NEED 8,600 NEW MEGAWATTS OF POWER IN THE STATE IN THE NEXT FIVE YEARS. THAT'S FROM THE FOLKS WHO RUN THE OPEN ELECTRICITY MARKET, IS SOMETHING THAT EVERYBODY, I THINK CHAIRMAN TONKO WOULD AGREE THAT WE NEED TO PAY ATTENTION TO. NOT THAT THAT WILL SOLVE IT ALONE; NOT THAT THAT'S ALL WE SHOULD DO. YOU KNOW, ENERGY CONSERVATION SHOULD BE PART OF THIS SOLUTION; SO SHOULD ALTERNATIVE FORMS OF ENERGY AND SO SHOULD NEW CONSTRUCTION. BUT, YOU KNOW, NOBODY'S PRETENDING THAT ANY ONE OF THOSE WILL SOLVE THE PROBLEM. YOU KNOW, IT'S GOT TO BE, YOU KNOW, A COMBINATION OF ALL OF THOSE, AND WHICH WE MAINTAIN A FUEL DIVERSITY IN THE STATE. IT'S NOT A GOOD IDEA TO RELY ON ONLY ONE TYPE OF POWER PLANT.

>> Gary: WELL, AGAIN I TURN TO THE CHAIRMAN. WHEN I WAS IN ALBANY COVERING POLITICS, THAT WAS A TIME WHEN THEY MOTHBALLED THE SHOREHAM NUCLEAR FACILITY IN LONG ISLAND; AND SINCE THAT TIME, I MEAN, ON ONE HAND I THINK YOU CAN COUNT HOW MANY POWER PLANTS HAVE BEEN BUILT IN THE STATE.

>> ABSOLUTELY. AND IT WAS THE SAME SITUATION THAT GRIPPED CALIFORNIA, AND THEIR CURSE WAS THEIR ECONOMY WAS ROBUST IN TERMS OF 30% ADDITIONAL NEED OUT THERE THAT WAS GROWING; AND IF WE HAD HAD, IN THIS STATE, THE SAME SORT OF ROBUST ECONOMY AND GROWTH IN OUR ECONOMY, WE WOULD BE IN TROUBLE. AND NOW THE CURSE, ESPECIALLY IN UPSTATE WHERE WE'VE SEEN DEVASTATION WITH THE ECONOMIC RECOVERY, WHERE WE HAVE VERY, VERY POOR NUMBERS FOR THE ECONOMIC COMEBACK, WE HAVE BEEN BLESSED -- AND I'LL USE THAT WORD SOMEWHAT FACETIOUSLY -- THAT, HAD WE HAD THAT ROBUST NATURE TO OUR ECONOMY, WE WOULD HAVE PROBABLY EXHAUSTED OUR SUPPLY OR COME DANGEROUSLY LOW INTO THE RESERVE REQUIREMENT. IN THIS TRANSITION PLANT, WHICH WE HAVE ADOPTED IN THE STATE ASSEMBLY, AND IN EARLIER PLANTS, ESPECIALLY IN OUR EARLIER PLANS, WE HAD SPOKEN THAT WE SHOULD MOVE INTO THIS TRANSITION, INTO DEREGULATION CAUTIOUSLY AND INCREMENTALLY, BECAUSE WE WERE CONCERNED THAT, UNLESS YOU HAVE A SUPPLY QUOTIENT STRONG ENOUGH TO MAKE COMPETITION WORK, WHEREBY THERE IS A MARKET CHOICE FOR CONSUMERS, YOU'RE GOING TO BE IN TROUBLE. AND WE COULD IDENTIFY -- NOT JUST POLITICIANS BUT ALL OF THE PEOPLE, ALL OF THE PERSPECTIVES IN THE FIELD ARE SAYING YOU HAVE AN ISLAND LIKE MANHATTAN WITH MILLIONS OF PEOPLE THAT IS TRANSMISSION CONSTRAINED. THEY NEED TO PRODUCE A GREAT NUMBER OF THEIR -- THE SUPPLY ON THAT ISLAND. AND SO THERE IS THIS INTERRELATIONSHIP WITH UPSTATE AND DOWNSTATE, AND THERE IS THE TALE OF TWO CITIES, WHERE UPSTATE YOU WERE SELLING IN SOME CASES LESS CALENDAR YEAR TO CALENDAR YEAR, AND IN NEW YORK YOU WERE COMING DANGEROUSLY LOW BECAUSE OF THE ROBUST NATURE OF THEIR ECONOMY. AND SO THE PROBLEM HERE IS THAT THERE IS THIS INTERRELATIONSHIP. AND SOME HAVE THEORIZED THAT THE UPSTATE COMMUNITIES, AS PROFESSIONALS IN THE UTILITY FIELD AND THE ENERGY FIELD, THAT SOMEWHAT OF A 3 TO 5% INFLATION FACTOR WAS AKIN TO THE WEAKNESS OF THE MARKET, PRIMARILY IN GREATER NEW YORK CITY.

>> Gary: I THINK WE SHOULD JUST TAKE A STEP BACK AND LOOK AT WHEN YOU SAY DEREGULATION. AND I DON'T THINK MANY VIEWERS ARE AWARE THAT NEW YORK IS GOING INTO A DEREGULATED AREA INASMUCH AS THAT CONSUMERS, A CERTAIN PERCENTAGE PART OF RG&E CONSUMERS, EVENTUALLY ALL, AND OTHER UTILITY CUSTOMERS AROUND THE STATE, A CERTAIN PERCENTAGE AND IN SOME CASES ALL, HAVE THE RIGHT TO OPT TO SHOP FOR A POWER SUPPLIER. AND BY THIS LAW, SAY IF YOU SHOP FOR ANOTHER SUPPLIER OF ELECTRICITY, THAT THE NAMES ARE AVAILABLE ON THE P.S.E. SITE. THAT RG&E, IF YOU WERE AN RG&E CUSTOMER, WOULD HAVE TO CARRY THE POWER TO YOUR HOUSE. FURTHERMORE, IF YOU EITHER CONTRACTED OUT FOR A CHEAPER FORM OF POWER, AT LEAST IN THE MARKETS NOW, RG&E CARRIES IT TO YOUR HOUSE. IF SOMETHING IS AN EMERGENCY, RG&E WOULD HAVE TO TAKE CARE OF IT. AND IF THERE'S AN OUTAGE, RG&E WOULD HAVE TO COVER WITH THEIR POWER. THAT EXISTS RIGHT NOW. YOU MAY WANT TO CALL AND FIND OUT JUST WHAT YOUR AVAILABILITY IS AND WHETHER OR NOT THE PERCENTAGE INCLUDES YOU. BUT JUST LET ME GIVE YOU SOME NUMBERS. RIGHT NOW 40,000 OUT OF RG&E's 350,000 CUSTOMERS ARE USING THIS OPTION. THAT'S ABOUT 22% OF THEIR CUSTOMERS. MY QUESTION IS THAT, WITH ALL THIS DEREGULATION THAT HAS GONE ON, WE HAVEN'T SEEN -- WELL, IN RG&E's CASE, PRICES HAVE COME DOWN. I DON'T KNOW IF THAT'S BECAUSE OF DEREGULATION. >> NO. THAT'S IRRESPECTIVE OF DEREGULATION. I MEAN, THE END RESULT, I THINK WE ALL AGREE THAT WE WANT TO SEE LOWER PRICES, THAT THIS DEREGULATION OR REREGULATION OR RESTRUCTURING IS SUPPOSED TO PRODUCE LOWER PRICES. I THINK WHAT WE ALL CAN FINALLY ADMIT NOW THAT IT'S GOING TO TAKE LONGER THAN WE THOUGHT. I SORT OF WISH THERE WAS A WOMAN ON HERE WITH US, CHAIRMAN TONKO, BECAUSE I THINK YOU CAN -- MAYBE THE WOMEN IN THE AUDIENCE UNDERSTAND IT. THIS IS SORT OF A BIRTHING PROCESS, YOU KNOW, AND THE BABY DOESN'T GET BORN ON THE FIRST PUSH AND THE BABY DOESN'T GET BORN WITHOUT SOME PAIN. AND WHAT WE'RE DOING HERE IS GIVING BIRTH TO SOMETHING NEW. IT'S PROBABLY NOT AS MUCH FUN CREATING A RESTRUCTURED ELECTRIC SYSTEM AS IT WAS CREATING A BABY, BUT WE ARE IN SORT OF A LONG-TERM BIRTHING PROCESS, AND THERE'S GOING TO BE SOME PAIN. WE'RE SEEING IT NOW. CHAIRMAN TONKO REFERRED TO SOME OF IT. THERE WILL BE SOME PAIN CONTINUING. HOPEFULLY WE GET TO A POINT, AT THE END OF THIS GESTATION PERIOD, WHERE WE HAVE A GOOD RESULT.

>> WELL, BOTH SCENARIOS THAT MIKE JUST ADDRESSED SOMETIMES UTILIZE PLANNING. AND IN THIS CASE, THE ADMINISTRATION DID NOT PLAN WELL, BECAUSE YOU CAN'T WALK AWAY FROM THE ACADEMICS OF THE TECHNICAL NATURE OF THIS BUSINESS. AS YOU MENTIONED EARLIER, GARY, POLITICS SHOULD BE SET ASIDE, AND THIS IS A TECHNICAL MATTER, AND IT DECIDES WHETHER WE'RE GOING TO GROW JOBS AND KEEP JOBS AND PRODUCE OR ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE OF THIS STATE. AND WHEN YOU DIDN'T ALLOW FOR THE DEVELOPMENT OF A MARKET AND YOU CHOSE TO JUST RUSH PELL-MELL INTO COMPETITION, IN ROCHESTER'S CASE, THEY REMAINED THAT VERTICALLY STACKED INDUSTRY, AND THAT HAS SERVED THEIR COMMUNITY WELL. THEIR CONSUMERS HAVE BENEFITTED THAT, WHILE THEY'RE GROWING CHOICE, THEY HAVE THE LUXURY OF THE OLD WORLD. TAKE THAT AND OVERLAY IT WITH OTHER UPSTATE COMMUNITIES. YOU DON'T HAVE THAT. YOU HAVE A MISHMASH OF SETTLEMENTS OUT THERE. YOU HAVE NISEK (phonetic) WITH LONG-TERM CONTRACTS THAT PROVIDE ADDITIONAL PREDICTABILITY AND STABILITY, BUT NOW YOU HAVE NIAGARA MOHAWK PARTNERING WITH NATIONAL GRID AS THE PROPOSED AGENT OUT THERE TO ACQUIRE THEIR SYSTEM, LOOKING TO CARRY INTO THE FOLD THE SAME SORT OF MARKET PASS-THROUGH THAT YOU HAVE IN CON-ED TERRITORY, WHICH HAS PROVEN DEVASTATING. YOU KNOW, THE SUPPLY ISSUES ON THE WEST COAST, SPEAKING TO THE SUPPLY ISSUES ON THE EAST COAST IN NEW YORK STATE, ARE SOMETHING THAT, IF NOT ADDRESSED, ARE GOING TO CRIPPLE THE SYSTEM, ESPECIALLY BECAUSE, IN MANY CASES IN NEW YORK'S GEOGRAPHY AND FOR ITS POPULATION, THERE IS NOW THIS NEW WORLD WHERE THE CONSUMER ABSORBS THE RISK AND DOESN'T HAVE THE CHOICE TO GET OUT, AND YOU'VE TAKEN A REGULATED ELECTRIC UTILITY AND MADE IT DEREGULATED OR UNREGULATED WITHOUT THE WATCHDOG.

>> Gary: SO IT WOULD BE ACCURATE TO SAY THE CRITICISM YOU HAVE OF THIS DEREGULATION PROGRAM RIGHT NOW IS THAT THERE'S JUST NOT ENOUGH MARKET FOR THE OPTIONS FOR PEOPLE TO SHOP TO GET --

>> RIGHT. A GREAT NUMBER OF THE MEGAWATTS, EXACTLY. THE GREAT NUMBER OF MEGAWATTS IN THE 8,600 COUNT QUOTED BY MIKE WOULD BE PRODUCED, WOULD BE NEEDED TO MAKE THE PENCIL SHARP FOR THE BOTTOM LINE BENEFIT THAT WOULD BE DRIVEN THE WAY OF THE CONSUMER.

>> Gary: OKAY.

>> THE MAYOR OF NEW YORK CITY AND THE UTILITIES IN NEW YORK CHALLENGED THE PUBLIC SERVICE COMMISSION TO HOLD OFF UNTIL THE SYSTEM IS BETTER PREPARED TO DEAL WITH IT. WE HAVE RUSHED INTO THIS SITUATION, AND WE HAVE PROBABLY THE BEST WORLD HERE IN ROCHESTER WHERE THEY HAVE TAKEN CAUTION, PRECAUTION AND ALLOWED FOR SOME SORT OF AN ADJUSTMENT PERIOD, EXACTLY WHAT WAS SPOKEN TO IN THE INCREMENTAL SIDE, THE INCREMENTAL DEMANDS OF OUR PLAN AND STATE ASSEMBLY.

>> Gary: WHEN I WAS REVIEWING WHAT'S GOING ON WITH THE STATE AND TRYING TO GET A THUMBNAIL SKETCH IN MY OWN MIND AS WHAT EXACTLY IS HAPPENING OUT THERE, ONE OF THE THINGS THAT I GOT FROM THIS DEREGULATION TALK IS I LOOK AT RG&E, AND I SAY, WELL, HERE IS A COMPANY WHO DECIDED TO SAY WE'RE GOING TO OWN OUR OWN POWER PLANT. WE'RE GOING TO OPERATE OUR OWN POWER PLANT, AND THAT GIVES US A COUPLE THINGS: LONG-TERM STABILITY AND, IF WE DO SOME ONE-SHOT HITS WHEN WE FIX THE PLANTS UP AND WE PUT MONEY IN OUR INFRASTRUCTURE, WE CAN CONTROL OUR OWN COSTS. POWER SUPPLY IS NOT GOING TO BE A PROBLEM. SO THAT'S THEIR PHILOSOPHY THAT THEY OWN THE PLANT AND WE'RE GOING TO GET SOME OF THE BENEFITS OF THAT. NOW, IF YOU DEREGULATE THAT AND ALLOW "X" AMOUNT OF YOUR CUSTOMERS TO GET THEIR POWERS FROM SOMEPLACE ELSE, DOESN'T THAT FURTHER ERODE THIS WHOLE PHILOSOPHY OF RG&E? ISN'T IT GOING TO MAKE IT HARD FOR YOU THAT IF YOU HAVE TO DO A PASS-THROUGH FOR SOME OTHER POWER TO SUPPORT YOUR OWN POWER PLANTS, AND KIND OF THE TWO OF THEM SEEM TO BE FLYING IN THE FACE.

>> WELL, IT DOES. YOU HAVE TO REMEMBER THOSE TWO PLANTS CAN STILL SELL INTO THIS MARKETPLACE AND DO, AT THE TIMES WHEN WE HAVE EXCESS CAPACITY AND WE SELL INTO THE MARKETPLACE, YOU KNOW, MAKE SOME MONEY, AND THAT'S ONE OF THE THINGS THAT HAS ALLOWED US TO REDUCE RATES FOR CUSTOMERS FOR THE LAST FIVE YEARS. AND AS LONG AS IT'S THE STATE POLICY TO ENCOURAGE COMPETITION TO SEPARATE UTILITIES FROM GENERATION, OVER A LONG TRANSITIONAL PERIOD, YOU KNOW, AT SOME POINT WE'LL FACE THAT QUESTION THAT IS JUST HOW LONG THIS TRANSITION WILL BE. BUT, YOU KNOW, WE DON'T PRETEND TO BE IN THE GENERATION BUSINESS FOREVER. BUT WE DO THINK IT MAKES GOOD SENSE TO HOLD ONTO THOSE PLANTS DURING THIS LONG TRANSITION PERIOD, AND SO FAR IT HAS PROTECTED CUSTOMERS.

>> Gary: OKAY. WELL, THE GINNA NUCLEAR FACILITY IS UP FOR RELICENSING IN 2009. I THINK A LOT OF PEOPLE WANT TO ASK, THAT'S HALF OF OUR POWER IN THIS AREA. IS RG&E GOING TO KEEP OWNING IT AND SELLING IT TO US OR DOES SOMEBODY ELSE COME IN AND BUY IT AND SELL IT TO WHOEVER THEY WANT TO SELL IT TO?

>> YOU KNOW THE WORLD IS CHANGING IN OUR BUSINESS IN THE LAST FIVE YEARS FASTER THAN I THINK IT DID IN THE PREVIOUS 50, DON'T YOU? EVERYBODY USED TO MAKE PREDICTIONS BACK IN THE OLD DAYS, INCLUDING US, AND EVERYBODY WAS WRONG. SO TO PREDICT, YOU KNOW, THE FUTURE OF THE POWER PLANT, YOU KNOW, TEN YEARS FROM NOW IS PRETTY IMPOSSIBLE TO DO. BUT WE ARE GOING TO GET OUR PLACE IN LINE WITH THE N.R.C. TO PROTECT OUR OPTION OF RELICENSING THE PLANT. WE MAY IN FACT TAKE THAT COURSE. IT WILL DEPEND ON THE ECONOMICS AND WHETHER IT MAKES SENSE FOR THE CONSUMER AND WHETHER IT MAKES ECONOMIC SENSE FOR US. BUT WE'RE GOING TO GET OUR PLACE IN LINE. WE'RE GOING TO PREPARE AN APPLICATION, AND WE'LL JUST WATCH DEVELOPMENTS AS TIME GOES ON.

>> Gary: CAN WE TALK ABOUT COSTS?

>> SURE.

>>I WAS JUST GOING TO MENTION THAT COMMENT, GARY, THAT ENGINEERING DEEPLY SUPPORTS PLANTS MAKING CERTAIN THAT NOT ONLY YOU HAVE TO SUPPLY NUMBERS YOU NEED BUT STRATEGIC LOCATIONS, DIVERSIFICATION OF FUEL TYPES AND TRANSMISSION. IT'S NO GOOD IF YOU HAVE THE PRODUCT AND CAN'T DELIVER IT TO THE HOME PLACE OR WORKPLACE. THESE ARE THINGS THAT SHOULD HAVE BEEN DISCUSSED HOPEFULLY IN OPEN PUBLIC DIALOGUE IN A NON-PARTISAN NATURE AND TO PUT THINGS TOGETHER. WE JUST PARTICIPATED. I JUST PARTICIPATED IN A SUMMIT, CO-HOSTED BY OUR TWO UNITED STATES SENATORS, AT THREE TIMES SQUARE AT THE REUTER'S BUILDING. AND THERE, A GREAT NUMBER OF PEOPLE, 40 OR SO, SHARED THEIR PERSPECTIVE FROM EVERY ANGLE OF THE DISCUSSION. AND PEOPLE PUT OUT ON THE TABLE CONCERNS, POTENTIAL SOLUTIONS, HOW THINGS ARE WORKING, HOW THINGS AREN'T WORKING. THIS COMMODITY IS SO ESSENTIAL TO THE FUTURE OF NEW YORK FROM EVERY PERSPECTIVE, IT SHOULD BE DISCUSSED AT A SUMMIT IN OPEN DIALOGUE. THE SPEAKER AND MYSELF AS CHAIR HAD ASKED THE GOVERNOR AND SENATOR BRUNO, THE LEADER OF THE SENATE, TO DO THE SAME THING BACK IN THE FALL OF 2000. THAT WAS REJECTED AS A NOTION. BUT FINALLY THE OPEN PUBLIC, NON-PARTISAN ENERGY DIALOGUE WAS BEING CONDUCTED FOR A STATEWIDE PERSPECTIVE IN DOWNTOWN MANHATTAN, AND WE GOT TO HEAR ABOUT THE DIFFERENT TALES OF WOE, AND PEOPLE ARE WORKING ON IT. BUT THE PLANNING IS ESSENTIAL, AND THEN THE GOVERNOR UNDERSTATES. INSTEAD OF NOT EXERCISING LEADERSHIP IN PRODUCING THE PLANNING THAT WE NEED, AT THE SAME TIME THEY'RE SAYING CLEAN UP YOUR EMISSIONS, AND THEY UNDERSTATE THE IMPACT THAT THAT CLEANUP WOULD COST. SO AS WE'RE WORRYING ABOUT AN ENERGY CRISIS AND THE DELTA OVER AND ABOVE THE NATIONAL AVERAGE WHICH WE REPRESENT BECOMES WORSENED AND OUR PLANNING ISN'T THERE. SO IT'S THE WORST OF ALL POSSIBLE WORLDS COMING DOWN UPON US. AND THEN WE'LL RUN AROUND AND SAY, THROUGH DISTRACTION, THAT WE'RE NOT CALIFORNIA.

>> Gary: RIGHT.

>> WELL, WE COULD BE WORSE.

>> Gary: WE ONLY HAVE A COUPLE MINUTES LEFT. I WANTED TO RECOGNIZE THE FACT THAT NEW YORK'S POWER SUPPLY IS MORE EXPENSIVE THAN -- IT'S WAY ABOVE THE NATIONAL AVERAGE. RG&E's IS BELOW THE STATE AVERAGE, BUT STILL ABOVE THE NATIONAL AVERAGE. BUT I THINK IT -- I'M TRYING TO GET MY ARMS AROUND THIS AND TO MAKE IT CLEAR TO EVERYBODY THAT THERE'S SO MANY DIFFERENT FACTORS AVAILABLE BECAUSE OF IT. FOR EXAMPLE, WE HAVE 20% OF THE RG&E BILL IS TAXES, SO IF YOU'RE A HOME, YOU GET 20% OF YOUR BILL. WHEN YOU GET IT, IT'S LARGELY MADE UP OF TAXES.

>> IT'S BEEN REDUCED THOUGH. I HAVE TO POINT THAT OUT.

>> Gary: TRUE ENOUGH, BUT STILL WE ARE VERY HIGH TAXED. WE HAVE PROPERTY TAXES THAT ARE THREE TIMES THE NATIONAL AVERAGE. SO I MEAN THERE'S A LOT OF FACTORS THAT GO INTO THE PRICE, NOT JUST BECAUSE IT'S A SIMPLE FACT THAT AN ENERGY WATT PRODUCED IN TEXAS WILL EQUAL A WATT PRODUCED IN NEW YORK. I THINK WHEN YOU FACTOR EVERYTHING IN, THERE'S A LOT OF VARIABLES.

>> BUT EVEN WHEN YOU LOOK AT THE CHANGES SINCE '95, SOME OF THESE COSTS HAVE BEEN IMBEDDED IN THE SYSTEM. SINCE '95, WE'VE GONE FURTHER OVER AND ABOVE THE NATIONAL AVERAGE. SO WHAT HAS CHANGED? WE NEED TO LOOK AT WHAT OTHER STATES HAVE DONE, AND WE'RE NOT PRESCRIBING ANY ONE STATE'S TERMS ONTO NEW YORK. BUT LOOK AT WHAT THEY'VE DONE. THEY DEALT WITH IMBEDDED COSTS. THEY LOOKED AT STRANDED COSTS AS AN ISSUE AND DETERMINED THAT, TO GET REDUCTIONS FOR SOME COMPANIES, THEY WERE GOING TO HAVE TO DIG DEEP INTO THAT NUMBER. WE DIDN'T DO THAT KIND OF ANALYTICAL OR THOUGHTFUL PROCESS FOR CONSUMERS. THERE ARE COST OVERRUNS FOR A NUMBER OF PLANTS THAT WERE BUILT, BUT FOR US TO JUST ACKNOWLEDGE THAT THE WORLD CONTINUES AS IT IS IS WRONG.

>> Gary: WE CAN'T CONTINUE RIGHT NOW BECAUSE WE ARE OUT OF TIME FOR THIS SEGMENT, BUT THAT'S ALL THE TIME WE HAVE FOR THIS PARTICULAR SEGMENT. AS YOU CAN SEE, THERE'S A LOT TO TALK ABOUT. WE'LL BE TALKING AGAIN NEXT WEEK, AND WE'LL HAVE A MEMBER OF THE SENATES ENERGY COMMITTEE HERE TO TALK A LITTLE MORE LONG-TERM ABOUT NEW YORK. I MEAN, WHERE ARE YOUR POWERS COMING FROM? WHAT'S GOING TO HAVE TO HAPPEN? AS YOU JUST HEARD TODAY, DO WE NEED TO HAVE A MORE OPEN DIALOGUE ABOUT THE FUTURE OF NEW YORK STATE'S POWER? SO JOIN US NEXT THURSDAY NIGHT. NOW, IN A MOMENT WE'LL BE JOINED BY MATT CUMMINGS WHO'S BEEN TRACKING THESE ISSUES, AND HE'S GOING TO GIVE US A LITTLE UPDATE ABOUT WHAT WE CAN EXPECT NEXT WEEK.

(Music)

IF YOU'D LIKE MORE INFORMATION, YOU CAN VISIT THE FOLLOWING WEB SITE: rge.com, dps.state.ny.us, AND eany.org. (Music) WITH ME NOW IS "NEED TO KNOW'S" MATT CUMMINGS WITH A LOOK AHEAD TO PART II OF OUR COLLABORATIVE SERIES ON ROCHESTER'S ENERGY SUPPLY. MATT, WHAT'S UP FOR NEXT WEEK?

>> Matt: WELL, GARY, I THINK WE'RE GOING TO START OFF BY PROFILING THE GINNA NUCLEAR POWER PLANT. JANE FLASCH FROM NEWSSOURCE 13 WILL BE BACK WITH US TO PROFILE HOW THAT PLANT OPERATES, WHAT SORT OF COMMUNITY IMPACT IT HAS. AS WE'VE ALREADY HEARD, 50% OF ROCHESTER'S POWER COMES FROM THE GINNA NUCLEAR PLANT, CREATES A DIVERSE ISSUE THAT WE NEED TO COVER NEXT WEEK; MORE SPECIFICALLY THE LICENSE RENEWAL IN 2009. THAT'S REALLY THE TARGET DATE THAT ROCHESTERIANS NEED TO KEEP THEIR EYE ON.

>> Gary: IT SEEMS THAT THE STATE IS HEADING TOWARDS AN AREA WHERE UTILITIES ARE BEING URGED TO BECOME LESS POWER SUPPLIERS AND MORE JUST THE PIPES AND THE WIRES TO CARRY THE POWER.

>> Matt: AND LIKE YOU SAID, IT IS A POLITICAL ISSUE. WE WILL BE JOINED BY A NEW YORK STATE ENERGY COMMITTEE REPRESENTATIVE, ALONG WITH Mr. TONKO AND Mr. POWER AGAIN TO HAVE A ROUND-TABLE DISCUSSION, INCLUDING BOTH POLITICAL PARTIES.

>> Gary: THANK YOU, MATT. MATT, THANKS FOR YOUR PREVIEW, AND ONCE AGAIN WE'LL HAVE ALL THAT FOR NEXT WEEK'S EDITION OF "NEED TO KNOW." THANKS FOR JOINING US.

(Music)

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