Green Energy, Not AI, Is Driving Up Power Costs

Our friend Steve DelBianco at NetChoice pointed out this amazing revelation from, of all places, the Washington Post:

In certain states, the study found, policies aimed at boosting clean energy did raise customers’ electricity bills. While the researchers didn’t find a connection between overall wind and solar on the grid and higher prices, they did find that states with renewable-portfolio standards — which require a certain amount of clean energy on the grid — tended to have higher prices. In Maine, New Jersey and Maryland, those standards raised prices by around 1 cent per kilowatt-hour between 2019 and 2024.

That’s a point we’ve only made about a dozen times on these pages, so it’s nice to be validated by the Post. The Post also included this chart, which shows that demand growth tends to correlate with lower prices.

The report, conducted by the Lawrence Berkeley National Laboratory, investigated electricity price data over the past five years. Notice how much higher prices are in the blue states.

SUBSCRIBE TO THE
Unleash Prosperity Hotline

 

1155 15th St NW, Ste 525
Washington, DC 20005