bripat9643
Diamond Member
- Apr 1, 2011
- 170,170
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The environmental wackjobs claim that renewable costs are comparable to the cost of using fossil fuels to generate electricity. The financial reality appears to be something different.
https://www.americanthinker.com/blo...able_energy_costs_at_800_of_market_rates.html
PG&E's bankruptcy court revealed that the company may dump its state-mandated renewable energy source contracts that cost up to 800 percent more than market rates. California mandated a zero carbon emissions future by passing the Global Warming Solutions Act of 2006. With PG&E residential electric rates rising by 71 percent to subsidizing renewables, Northern Californians' electricity costs 19.30 cents per kilowatt-hour, or about double the 10.66 cents in Oregon and 9.46 cents in Washington.
PG&E's bankruptcy court revealed that the company may dump its state-mandated renewable energy source contracts that cost up to 800 percent more than market rates. California mandated a zero carbon emissions future by passing the Global Warming Solutions Act of 2006. With PG&E residential electric rates rising by 71 percent to subsidizing renewables, Northern Californians' electricity costs 19.30 cents per kilowatt-hour, or about double the 10.66 cents in Oregon and 9.46 cents in Washington.