Report: Wind, solar are cheapest options, NOW

In its annual Levelized Cost of Energy analysis, Lazard Associates found the cost for power generated from wind energy resources were around $30-$60 per megawatt hour (MWh) range – even without any subsidies! Unsubsidized solar power resources provided power at a cost of $43-$48/MWh range. That’s 3-6 cents per kilowatt hour (kWh) for wind, or 4.3-4.8 cents per kWh for solar. Of course with existing federal tax credits, real wind power prices could be as low as $14/MWh, or 1.4 cents/kWh, and real solar prices may reach as low as $35/MWh, or 3.5 cents/kWh.

Utility-Backed Amendment 1 Blocks the Sun

Florida is the Sunshine State, right? But you wouldn’t know it by looking at Florida rooftops. There are 9 million electricity customers, yet less than 12,000 solar rooftop systems. Even though Florida is one of the largest electricity markets in the country, it ranked 17th in solar development last year. So, the state shouldn’t be [...]

How Valuable is Wind Energy?

By ignoring the benefits of wind energy, anti-wind activists have concocted a false narrative against the wind energy PTC. Anti-wind activists ignore wind energy benefits including health and air quality improvements (worth 4¢/kWh), fossil fuel price volatility hedging and reduced electric rates (worth 2.3¢/kWh), new local, state and federal tax revenue (a net worth of 0.5¢/kWh) plus water savings (worth 0.2¢/kWh). These otherwise “free” benefits of wind power, and enabled by the wind energy PTC. The facts are clear: wind power’s benefits outweigh any cost associated with the PTC.