NEW ENERGY IS NOW THE BEST BUY

Link Between Electricity Prices & Renewable Energy Completely Warped In Forbes Article

Zachary Shahan, May 1, 2014 (Clean Technica)

“Christine Harbin Hanson, the Federal Affairs Manager for Americans for Prosperity, recently [wrote incorrectly] that Renewable Portfolio Standards cost citizens a great deal and [wind and solar are significantly more expensive than traditional energy but the Department of Energy’s electricity cost graph shows] onshore wind power has a minimum LCOE of 5¢/kWh and a median of 6¢/kWh. That’s the lowest median LCOE in the United States of any electricity source other than natural gas, which is at 5¢/kWh…[R]ooftop solar panels compete with retail electricity not wholesale electricity…[and] is often cheaper than the norm…[A] Minnesota judge ruled that a solar power project should be chosen over several natural gas projects because it offered ratepayers a better deal…In Austin, a new solar power plant is coming in at under 5¢/kWh…” click here for more

click to enlarge

Tweet