Are their efforts likely to benefit the public through emissions reductions and increased competition in electricity supply, or to simply hurt consumers
through higher electricity prices?
Not exact matches
After running the numbers
through Tesla's Solar Roof calculator which you can do for yourself, Consumer Reports found that the installation in New York would payout and save the homeowner money over 30 years, largely due to the
high price of
electricity in the area.
«Maybe we can have the best of both worlds: a
price on carbon to create an innovative environment for clean technology in California and keep businesses within state lines and not cause an adverse impact on consumers
through radically
higher prices for transportation fuels or
electricity.»
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.
The intention is to shift consumption away from
high demand periods
through a
price signal mechanism telling customers that they can save money by using
electricity during off - peak hours.