Editorial: Illinois Utility Strives to Thwart Electricity-Generation Transition


first_imgEditorial: Illinois Utility Strives to Thwart Electricity-Generation Transition FacebookTwitterLinkedInEmailPrint分享The Dispatch and Rock Island Argus (Moline):Barely eight months after Illinois’ landmark Future Energy Jobs Act became law, Ameren Illinois wants state regulators to rewrite the rules.Critics estimate that, if the Illinois Commerce Commission accepts the lower energy savings targets contained in the efficiency plan Ameren filed with the ICC, consumers could pay 30 percent more on their bills.Meanwhile, the downstate energy provider which serves thousands in our area, will reap millions in bonuses despite not meeting the original 16 percent waste reduction target originally required by the law to trigger them.A spokesman says the utility asked for the reduction because it prefers to spend its dollars helping low-income communities. Ameren hasn’t spelled out how higher monthly bills will help those already struggling to keep the lights on, or why such a corporate cost shift is necessary given the additional low-income assistance built into the act.For those reasons and more regulators should reject Ameren’s effort to slice by more than a quarter these critical goals for cutting energy waste. ICC commissioners should do so not only for customers, but for all energy consumers in the state, those who work in the industry and for the good of the environment.As readers know, the Future Energy Jobs Act has been lauded as trailblazing state energy policy that should serve as a model for the nation. To achieve it, negotiators brought to the table such unlikely allies as energy providers, conservationists and consumer advocates.The provision that preserved Illinois nuclear energy production including at Exelon in the Quad-Cities, captured most of the headlines. But, importantly, the act also increased the use of renewable energy, protected thousand of jobs and is expected to add thousands more while promoting energy efficiency, thus decreasing — not increasing — costs to consumers.Those energy saving rules are the ones which Ameren seeks to rewrite. It’s interesting to note that ComEd has not asked for a similar reduction, despite energy savings targets which were set higher than Ameren’s. If Ameren wins the day, will a request from ComEd follow? Will it embolden utilities to ask for other changes?More: Tell the ICC not to lower energy savings targetslast_img read more

Banking on biometrics: Half of cardholders would switch


first_img continue reading » Passwords are a double-edged sword: they are meant to protect our information, but they are also frustrating with so many to remember and manage. A recent Visa survey showed that 68% of U.S. shoppers have abandoned an online purchase due to forgetting a password, trouble logging in, or issues receiving a one-time passcode. In addition, passwords are under constant threat from hackers, with 80% of data breaches involving compromised and weak passwords, according to the 2019 Verizon Data Breach Investigations Report.Enter biometrics. Biometrics match unique physical characteristics, such as fingerprints or facial features, rather than memory to verify identity. Technology advancements and changing consumer expectations for speed, convenience, and security mean biometric solutions are poised to replace passwords. More than half of credit cardholders who responded to the survey (53%) say they would switch banks if their current doesn’t offer biometric authentication options.Consumers are ready. Two-thirds of people Visa surveyed have used biometrics and view them as easier and faster to use than traditional passwords. The top three benefits include:No longer needing to remember passwords (42%)Improved security over passwords (34%)Not forgetting or losing an authentication method (33%) ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more