WIND COMES THRU IN COLD, CUTS ELECTRIC BILLS

Wind generation sets records, saves consumers money as extreme cold grips nation; Wind saved Great Lakes and Mid-Atlantic consumers $1 billion during last year’s polar vortex event…

January 7, 2015 (American Wind Energy Association)

"As extreme cold grips large chunks of the country this week, wind energy set record-high outputs, once again saving U.S. consumers money. Wind energy also saved consumers $1 billion in just two days when similar extreme cold hit the U.S. exactly one year ago…[According to Wind Energy Saves Consumers Money During The Polar Vortex], savings from using fixed-price wind energy added up to $1 billion or $15 per person on the Mid-Atlantic and Great Lakes power grid (PJM)…Wind energy did this by protecting against spikes in the price of other fuels, and keeping power prices low during periods of high demand. While other power plants failed in last January’s extreme cold or faced skyrocketing prices for fuel, wind energy continued producing electricity as expected with zero fuel cost…[This winter wind set new output records] for the MidContinent ISO (MISO), for the Southwest Power Pool (SPP), and for the Electric Reliability Council of Texas, and] performed at near-record levels in the PJM market (PJM)…Wind energy produced more than four percent of the nation’s electricity in 2013, and is on track to double by 2020 and double again by 2030 according to the Department of Energy’s Wind Vision…” click here for more

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