NewEnergyNews More: WIND COSTS DROP AGAIN IN MICHIGAN

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  • Wednesday, August 14, 2013

    WIND COSTS DROP AGAIN IN MICHIGAN

    In Michigan, renewables costing utilities less than expected

    Dan Huagen, August 8, 2013 (Midwest energy News)

    "Consumers Energy encountered two surprises this year after it fast-tracked a Michigan wind farm project to take advantage of expiring federal tax credits…One, the project will cost less than the utility thought it would to build, and two, technology advances mean each turbine will produce more power than previously projected…Citing those improved economics, Consumers Energy proposed last week to eliminate a surcharge on customers’ bills that was designed to cover the cost of complying with Michigan’s renewable electricity standard…” click here for more

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