State Senator Eugene Yaw | Pennsylvania
State Senator Eugene Yaw | Pennsylvania
HARRISBURG – The state Senate today approved Senate Bill 832, sponsored by Sen. Gene Yaw (R-23) to establish an Independent Energy Office (IEO) within the commonwealth.
According to Sen. Gene Yaw, the senator behind the bill, "Pennsylvania has one of the most diverse energy portfolios in the United States." He emphasized the importance of this initiative by stating, "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), ensuring that it remains neutral in its analyses and reports. Sen. Yaw highlighted that the IFO does not take sides on any policy it evaluates and transparently discloses its methodologies, data sources, and assumptions in its published reports and estimates.
In addition to creating the IEO, Senate Bill 832 aims to revamp the former Pennsylvania Energy Development Authority by replacing its 19-member board with the 11-member board of the Pennsylvania Opportunities with Energy Reliability Authority or POWER.
The bill has now passed the Senate and will advance to the House of Representatives for further consideration.
For more information on state-related news and updates, constituents can visit Senator Yaw’s website at www.SenatorGeneYaw.com or follow him on Facebook and Twitter @SenatorGeneYaw.
CONTACT:
Elizabeth Weitzel
717-787-3280
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