20 May '11, 8pm

Renewable Energy Mandates Don't Lead to Higher Electricity Prices

Besides trying to get states to exit from regional carbon trading programs as we reported today , Republicans in Montana, Colorado, Minnesota and Missouri would like to eliminate states' Renewable Electricity Standards (RES), which require utilities to source a certain percentage of their energy from clean energy. About 30 states have passed laws creating mandated RES - the most important policy that's driving renewable energy forward in the US. Now, with many of those states facing budget crises, many Republicans are using that as an opportunity to question the value of RES. They are scrutinizing the costs of renewable energy policies and how they affect electricity rates. So far, studies find - and utilities confirm - that RES do not significantly impact electricity prices. The estimated impact on electricity rates is a fraction of a percent in most cases and just over 1...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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