Page added on April 20, 2009
Clean energy has a dirty secret.
It isn’t cheap.
Consumers already are starting to feel at least a modest pinch in their electric bills. The impact is expected to grow in the next few years as utilities accelerate their investments to meet state quotas requiring a portion of clean energy in their generation mix. And bills in Congress would impose a similar national quota, an idea President Obama supports.
The cost is one reason electric rates have been fairly stable as oil and natural gas prices have plunged.
“There are offsetting costs
Leave a Reply