March 13, 2015

...AND CHEAPER...:

Report Confronts Conservative Claims on Solar, Wind (Alan Neuhauser, March 13, 2015, US News)

The analysis by venture capital firm DBL Investors found that states with the highest proportion of electricity generation from renewable sources like solar and wind actually experienced cheaper-than-average retail prices compared to states with the smallest shares of green energy.

"Looking ahead, retail electricity prices and the entire electricity market are ripe for change," DBL managing partner and report co-author Nancy Pfund said in a statement. "Reliance on renewables will continue to grow as their costs decline, and as states shift away from a fossil fuels focus and move towards a cleaner energy future." [...]

Notably, residential, commercial and industrial consumers in the top 10 renewable-electricity states saw their retail rates go up by 3.06 percent - 0.17 points less than the national average. The bottom states, by comparison, saw their average utility rates rise faster, by 3.74 percent.

Posted by at March 13, 2015 4:04 PM
  

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