If the real total costs of wind energy are considered, then it has been reported that
consumer electricity costs would increase significantly.
Fraser Institute report misses the mark on
consumer electricity costs Ottawa, Ontario, November 4, 2014 — A new Fraser Institute study misreprese (more...)
Given that elected or appointed Public Utility Commissions approve most new plants and must by law control
consumer electricity costs, it seems likely that the market will choose natural gas.
Not exact matches
The
consumer ratings agency compared the
cost of a Tesla solar roof in New York, Texas and California and deemed that — depending on factors such as
electricity cost and sun exposure — the numbers generated by Tesla's Solar Roof calculator check out.
While the Ontario government's recently updated long - term energy plan said the province's industrial
electricity consumers currently face prices lower than that of the average for the Great Lakes region, the plan also showed that the
cost will rise to $ 116 per megawatt hour by 2035, a nearly 40 per cent increase from the projected 2017 price of $ 83 per megawatt hour.
Other similar things might be investing in supermarkets and «
consumer staples» (because if your weekly shopping basket inflates, their shares and divis probably will too) or investing in healthcare as a hedge against future healthcare
costs inflating or investing in utilities as a hedge against utilities bills rising (I've yet to buy any but I quite like the idea of owning enough ~ 7 % yielding Centrica for the divis to cover the gas and
electricity bills) or investing in travel and tourism companies as a hedge against holiday
costs inflating.
We know that while
consumers are strongly attracted to «free TV,» they also spend an enormous sum supporting it, through the purchase of their TV sets, the
cost of
electricity, and the add - on
costs to every item they purchase which is advertised, not to mention the lost revenue in tax - deductible billions spent by advertisers.
The policy that attracted the most attention was the commitment to help tackle the «
cost - of - living crisis» by freezing gas and
electricity prices until 2017 to give time to «reset the market» in favour of
consumers.
Once the pipeline is complete, the Valley Energy Center will begin to reduce the region's overall emissions, protect and enhance the reliability of the region's electric grid, and start saving New York's energy
consumers more than an estimated $ 600 million in
electricity costs annually.»
While
consumers of power bemoan the instability and high
cost of sourcing
electricity, Sunday Oduntan, executive director of the Association of Nigerian Electricity Distributors, ANED, said that the high charges were dismissible in view of the low payment habits of
electricity, Sunday Oduntan, executive director of the Association of Nigerian
Electricity Distributors, ANED, said that the high charges were dismissible in view of the low payment habits of
Electricity Distributors, ANED, said that the high charges were dismissible in view of the low payment habits of Nigerians.
«LIPA ratepayers are still paying among the highest
costs for
electricity in the nation,» DiNapoli said, «The recent survey from the
consumer satisfaction perspective shows that Long Islanders are still unhappy with the service.»
«These are the first investments from our reforms to build the world's first low carbon
electricity market - reforms which will see competition and markets attract tens of billions of pounds of vital energy investment whilst reducing the
costs of clean energy to
consumers.
Npower has blamed rising wholesale prices - up 66 per cent for
electricity and 60 per cent for gas over the last year - but ministers are sceptical this
cost has to be borne by
consumers so swiftly.
«In terms of
consumer ownership and use
costs, the case to make a switch from current fuels to compressed natural gas (CNG) is much more compelling than for other alternative fuels like ethanol and
electricity.»
Several start - up companies aim to help people cut
costs, flex their muscles as
consumers to promote green energy, and usher in a more efficient energy grid — all by unleashing smart software on everyday
electricity usage.
Renewable energy sources could help plug these gaps: A U.S. Department of Energy study declared in 2001 that renewables could meet 20 percent of the nation's
electricity supply by 2020 at a
cost increase to
consumers of just over 4 percent.
At the same time, he added, the government's feed - in tariff, the
costs of which are shared by the government and
electricity customers, has resulted in «more and more
consumers hav [ing] to pay higher
electricity charges to utilities.»
Jiang Kejun, a researcher from the Energy Research Institute of the National Development and Reform Commission, said that power producers in China face difficulties in passing along their emissions
costs to fossil fuel
consumers, due to the country's fixed
electricity prices.
Build before Memory Runs Out Although individual
consumer actions can help, major changes in carbon output will likely require better
electricity - generation technologies, retiring much of the coal - fired capacity and replacing it with the most
cost - effective combination of modern reactors, renewables and even clean coal.
(C)
Cost - effective energy efficiency programs for end - use
consumers of
electricity, natural gas, home heating oil, or propane, including, where appropriate, programs or mechanisms administered by local governments and entities other than the State.
--
Cost - effective energy efficiency programs for end - use
consumers of
electricity, natural gas, home heating oil, or propane.
More specifically, the 73 - page bill will remove the requirements of
consumers to pay for the extra
costs included in providing clean
electricity generation.
For every $ 10 increase in a barrel of oil, it is estimated that the average
consumer will pay an additional $ 400 per year in energy
costs (gas, diesel,
electricity, heating oil, etc.).
A new National Research Council report finds that by the year 2050, the U.S. may be able to reduce petroleum consumption and greenhouse gas emissions by 80 percent for light - duty vehicles — cars and small trucks — via a combination of more efficient vehicles; the use of alternative fuels like biofuels,
electricity, and hydrogen; and strong government policies to overcome high
costs and influence
consumer choices.
Replacing Indian Point with this clean energy and energy efficiency efforts, will
cost consumers however, though not very much at all: $ 1 - 5 per month additional on
electricity bills.
Even though people without
electricity access often pay a lot for their energy sources, such as kerosene and candles — sometimes more than they would pay for the same service if they had
electricity access — the upfront
costs for off - grid systems may still be higher than most
consumers are willing or able to pay.
Under the Renewable Obligation (RO), suppliers have to buy a percentage of their
electricity from renewable generators and can hand that
cost on to
consumers.
It will just become more expensive to generate
electricity with oil and coal, but that
cost will be passed on to us
consumers.
Nonetheless, the DOE proposal is widely viewed as an unheard - of intrusion into the principle of letting markets determine which resources best serve society with low -
cost and low - environmental impact
electricity, and one that's almost certain to increase
costs to
consumers.
By using a wind turbine to produce most of, or all of the
electricity they need,
consumers can protect themselves from future increases in the
cost of utility - provided
electricity.
To maximize these benefits for Ontario customers, all new generation needed in the coming years should be procured competitively in order to secure the lowest -
cost non-emitting
electricity generation, as this provides the best value for
consumers.
Last month the chairman of the Secretary of Energy Advisory Board's Natural Gas Subcommittee noted in the Washington Post that increased supplies from shale «has meant, since 2009, that
consumers»
costs of natural gas to heat homes or generate
electricity have fallen by more than half.»
While
consumers in the neighboring states benefit from lower
electricity costs, California's ratepayers are footing the bill for the utility generators that produce the power.
Yet despite huge financial investment no conventional power plant has yet been shut down while Danish
electricity costs to
consumers are the highest in Europe, according to research by energy researcher, Dr. Vic Mason.
The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full
cost to
consumers in the form of higher
electricity prices.
Unfortunately, as renewables march towards the 50 percent mandate,
consumers may be hit with average retail
electricity costs hikes approaching 70 percent.
And the
cost of all this — to no benefit except to the wind power industry itself — is paid by all
electricity consumers, including the poorest, and damages the British economy which is fragile enough as it is.»
Lost in this apparent green energy triumph is one inconvenient truth: California couldn't have doubled renewable
electricity at relatively low
cost to
consumers without the advanced hydraulic fracturing techniques — fracking — that came into widespread use a decade ago.
«Net metered
electricity will help the power company offset their production, transmission and administrative
costs, and still save the
consumer up to 79 percent of the retail
cost.
The results echo a similar study undertaken by the Yale Project on Climate Change Communication, which found that Americans «support setting strict limits on carbon dioxide emissions from existing coal - fired plants,» by a nearly 2 - to - 1 margin — «even if the
cost of
electricity to
consumers and companies increases.»
«As
costs for renewable technologies and the feed - in tariffs have dropped drastically over the last years,» by 80 percent, Baron noted, «new installations of renewable
electricity capacity [are] no longer a burden for the
consumer bills.»
«Faced with increases in retail
electricity costs,
consumers are reducing their consumption or installing solar photovoltaic panels,» CEO Richard Van Breda noted in the annual report.
Through Nexamp's Solarize My Bill Community Solar program, the value of the
electricity generated by Nexamp's solar projects is credited to participating energy
consumers to offset their
electricity costs.
When one takes into consideration the different efficiencies of liquid - fueled and electric propulsion, then where the rubber meets the road the
cost of powering a plug - in hybrid with average -
cost residential
electricity would be about 40 per cent of the
cost of powering the same vehicle with today's approximately $ 2.50 / gallon gasoline, or, said another way, for the
consumer to be able to buy fuel in the form of
electricity at the equivalent of $ 1 / gallon gasoline.
(Sec. 133) Requires the Secretary to promulgate regulations establishing a program to distribute allowances to Indian tribes on a competitive basis for: (1)
cost - effective energy efficiency programs for end - use
consumers of
electricity, natural gas, home heating oil, or propane; and (2) deployment of technologies to generate
electricity from renewable energy resources.
«What you really want to know is: Is it cheaper than the
cost of
electricity I'm paying as a
consumer now?
Peak load
electricity — the power that
consumers draw on in the middle of a hot summer afternoon, for instance —
costs a lot more than a region's average
cost of
electricity.
Wind power mandates also
cost British energy
consumers an extra $ 2.8 billion in higher
electricity costs in 2009 - 2011.
Rational
consumers, unregulated by government, can be expected to weigh the up - front price of appliances against the anticipated operating
costs of
electricity versus gas.
PJM has said the changes are a way to «respect individual state interests while protecting
consumers in other states from potential
cost shifts,» but critics say the changes could increase
electricity prices in Ohio, Illinois, Michigan, and 10 other states where it operates.