The Cost Of Green Energy

On March 2nd, WND posted an article about the cost of energy in states that rely on wind energy.

The article reports:

United States electricity prices are rising rapidly, up 18.1% over the last two years. Renewable-energy advocates claim that wind and solar installations produce cheaper electricity than traditional power plants, but power prices are rising as more wind and solar is added to the grid. In fact, electricity prices are soaring in leading wind-energy states.

Over a 12-year period, from 2008 to 2020, U.S. average electricity prices rose only 8%, according to the U.S. Energy Information Administration. This was much lower than the inflation rate of 20% over the same period. But power prices rose 5% from 2020 to 2021 and an additional 12.5% last year. Most of this rise was due to rising U.S. inflation, but the share of electricity generated from wind also rose, from 8.4% in 2020 to 10.2% in 2022.

Headlines announce that electricity generated from renewables is lower cost. Scientific American stated in 2017, “Wind Energy is One of the Cheapest Sources of Electricity, and It’s Getting Cheaper.” In October 2020, Bloomberg announced that “Wind and Solar Are the Cheapest Power Source in Most Places.”

…Electricity prices in states with the highest penetration of wind systems are rising faster than the national average. U.S. average electricity prices rose 27% from 2008 to 2022. But in eight of the top 12 wind states, power prices rose between 33 and 73% over the 14-year period. Prices rose in Iowa (36%), Kansas (54%), Illinois (33%), Colorado (37%), California (73%), Minnesota (53%), Nebraska (37%) and Washington (35%), which are the number 2, 4, 5, 6, 8, 10, 11 and 12 leading states in terms of electricity generated from wind, respectively. Price increases were lower than average in Texas, Oklahoma, North Dakota and New Mexico, the other four leading wind states. The data shows that deployments of wind systems produce higher electricity prices.

The article includes the following graph:

Please follow the link above to read the entire article. Someone is making an awful lot of money on green energy while the consumers are paying the price.