Lycoming News

The Senate Environmental Resources and Energy Committee has given its approval to a new legislation that aims to establish an Independent Energy Office (IEO) in Pennsylvania. The bill, sponsored by Chairman Gene Yaw (R-23), seeks to capitalize on the state's diverse energy portfolio and provide impartial analysis to guide future energy needs.

"Pennsylvania has one of the most diverse energy portfolios in the United States," said Chairman Yaw. "There is no question we can capitalize on our state’s energy richness, but first we must stop apologizing for it. I believe an Independent Energy Office can provide impartial, timely, and data-driven analysis to guide our state in determining and meeting future energy needs."

The proposed Independent Energy Office would be modeled after Pennsylvania's Independent Fiscal Office (IFO), which was created by Act 120 of 2010 and Act 100 of 2016. The IFO is known for its impartiality, as it does not support or oppose any policy it analyzes. It also ensures transparency by disclosing the methodologies, data sources, and assumptions used in its published reports and estimates.

The need for an Independent Energy Office is underscored by an analysis conducted in November by the U.S. Energy Information Administration (EIA). The analysis highlights the importance of a dedicated office that can provide unbiased and accurate information to inform policy decisions in the energy sector.

Chairman Yaw's proposal has received support from various stakeholders who recognize the significance of having an independent body to guide Pennsylvania's energy future. The establishment of an Independent Energy Office will ensure that the state can make informed decisions based on data-driven analysis.

To stay updated on state-related news and information, constituents can visit Senator Yaw's website at www.SenatorGeneYaw.com or follow him on social media platforms such as Facebook and Twitter.

For media inquiries, please contact Elizabeth Weitzel at 717-787-3280.

This article is based on the original source: Senator Gene Yaw's Website

To find out more, go to this link: https://www.senatorgeneyaw.com/2023/12/12/yaw-senate-ere-committee-oks-bill-to-create-independent-energy-office-in-pennsylvania/