Replacing existing capacity with new capacity means U.S. consumers will pay higher electricity prices, similar to what Ontario
electricity consumers faced.
Not exact matches
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.
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.
«
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.
By making smart energy choices today, we can transition to a more
consumer - friendly and resilient
electricity system, achieve cost - effective carbon dioxide emissions reductions, and
face fewer risks stemming from an overreliance on natural gas.
As states develop their plans to reduce carbon emissions, they
face crucial decisions that will affect their
electricity systems — and the
consumers who rely on them — for decades to come.