Sentences with phrase «electricity consumers billions»

In recent years, the state of Minnesota has pursued a series of increasingly aggressive renewable energy and «clean energy» policies that cost electricity consumers billions of dollars, without achieving its ambitious environmental protection goals.
Transmission technology vendors say their products could save electricity consumers billions — if utilities were incentivized to invest.

Not exact matches

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.
«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.
It revolves around investing # 1 billion in a «hi - tech National Grid» which would see «smart meters» being installed in every home - meaning that energy companies would be able to tell consumers when it is cheapest to use electricity.
Moniz notes that just 0.1 cent per kilowatt - hour of electricity and 2 cents per gallon of transportation fuels would yield about $ 8 billion per year, although such surcharges would need to be developed «with collaboration from industry and consumers.
Using data from the province's electricity market operator, this joint study by Energy Probe and Consumer Policy Institute1 estimates that at least $ 1.7 billion in wind subsidies have been given to wind farm operators in Ontario since 2006, the earliest date for data.
An improved electricity standard with 10 % efficiency would result in an extra $ 66 billion in cumulative consumer savings by 2030 — potential savings that ACELA left on the table.
A fair slice of the $ 2 billion annual return on investment required by investors would be recouped via power bills in the form of Renewable Energy Certificates (RECs): a Federal Tax on all Australian electricity consumers (see our post here)-- which effectively underwrite every wind farm investment.
Markey cites a recent Department of Energy analysis of a similar provision showing that the 20 percent standard will have no impact on the price of electricity through 2020 and will save consumers up to $ 2 billion through 2030.
It's just that it's happening at the same time as a revolution in living standards, with billions of new consumers hooking up to the electricity grid and millions more buying the latest power - hungry flat - screen TVs, made in China.
- Lower U.S. Gross Domestic Product (GDP) by $ 51 billion on average every year through 2030 - Lead to 224,000 fewer U.S. jobs on average every year through 2030 - Force U.S. consumers to pay $ 289 billion more for electricity through 2030 - Lower total disposable income for U.S. households by $ 586 billion through 2030
Wind power mandates also cost British energy consumers an extra $ 2.8 billion in higher electricity costs in 2009 - 2011.
Editor's Note: The Ontario government has $ 5 billion in new wind power contracts that have not yet been added to consumers» electricity bills.
The extra cost is likely to be passed on to households, which already pay about # 1 billion a year in a consumer subsidy that is added to electricity bills.
By 2030 the regulations will cost 224,000 jobs, force US consumers to pay $ 289 billion more for electricity, and lower disposable incomes for American households by $ 586 billion, the US Chamber of Commerce calculates.
As part of the Recovery Act, this Administration invested $ 4.5 billion in electricity delivery and energy reliability modernization, with total public - private investment amounting to over $ 10 billion To ensure that all Americans benefit from these smart grid investments, the Administration released a policy framework and a series of new initiatives in June 2011 that will empower consumers with tools to better manage their electricity and cut costs, improve the reliability of the electric grid, and help utilities recover from natural disasters faster.
Australia's one million rooftop solar households could be forced to pay new fixed charges to help recover billions of dollars in taxpayer subsidies and make electricity prices fairer for all consumers.
The good news is that policies put into place over the last three decades — including appliance efficiency standards, voluntary labeling programs like ENERGY STAR, and state energy - savings targets — have already helped offset rising demand for electricity and saved consumers billions of dollars.
Australia has a carbon tax, essentially a tax on production and consumption of electricity, that cost business and consumers $ 6 billion for less than 0.1 % emissions reduction since its introduction.
Altogether, these measures will reduce consumer electricity and gas bills in 2020 by over $ 20 billion.
The plug - in hybrid's fuel - cost savings over traditional gasoline - powered vehicles would save these 4 million consumers approximately $ 4.2 billion a year at today's average gasoline price of $ 3 per gallon when compared to 15 cents per kilowatt - hour of electricity for 14,400 miles driven annually.
According to EPA estimates, idle gadgets waste more than 100 billion kilowatt hours of electricity annually — costing consumers $ 10 billion a year.
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