Renewable Standards Do NOT Raise Costs

24 May of 2011 by

You’ve probably heard the falsehood spread by dirty energy intereststhat renewable energy portfolio standards are costly. Well, a new report say  it’s simply not true.

Many states have “renewable portfolio standards”mandating that they produce a certain percentage of their electricityfrom renewable sources. Libertarian and tea bag-ish critics of these standards have said that they will cause electricity rates to “skyrocket.”

But the numbers are in, and guess what? Science says thecritics are wrong. Utility companies’ experiences vary a bit, but on the whole energy costs are barely being nudged by renewable standards, reports Midwest Energy News. In fact, far from being a financial drain, wind power is the most economic option in some places, such as the portion of the Dakotas and western Minnesota served by Otter Tail Power.

Surprise, surprise, yet another one of Dirty Energy industryfalsehoods bites the dust. Now, if we could just kill the rest of them.

 

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