Monday, November 7, 2011

Renewables vs. Industry Electricity Cost



The data below show that there is no relation between the percent of renewables and the cost of electricity for industry.

State
Industrial Cost,
cents/kWh
(a)
Renewable Electricity, % (b)
Illinois
7.5 (10)
1.9
Indiana
5.74 (4)
1.9
Iowa
5.33 (2)
16.5
Kentucky
4.98 (1)
4.1
Michigan
7.2 (9)
3.9
Minnesota
6.3 (7)
14.4
Missouri
5.46 (3)
2.7
Ohio
6.06 (6)
0.9
West Virginia
5.78 (5)
3.4
Wisconsin
6.74 (8)
6.2


(a) electricchoice.com; numbers in parentheses rank from cheapest to most expensive
(b) US Energy Information Administration; State Renewable Energy Profiles; 2009 data (latest available)






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