WHERE WIND IS UP, ELECTRICITY PRICES ARE DOWN

More Wind Energy, Lower Electricity Prices

February 13, 2014 (SustainableBusiness)

"Electric bills are trending down for people that live in high-wind states, according to research by the American Wind Energy Association (AWEA)...The 11 states that get more than 7% of their electricity from wind energy have seen their electric prices decrease by 0.37% over the past five years, in contrast to all other states, where electricity prices have increased 7.79% during that time…The more wind capacity they have, the more rates have come down…[A]t least 15 studies confirm that as wind energy increases, electric prices come down. Studies have been done by independent grid operators, state governments, academic experts, and others…[R]esearch from New England's grid operator concludes that when wind provides 14% of electricity, prices drop 10%, and when it reaches 24%, prices decline 15%...” click here for more

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