Unnecessarily shutting down our existing generation in favor of expensive and intermittent wind and solar power means Americans will be left with higher electricity bills and less money in their pockets
Study: Wind & Solar up to 5X More Costly than Existing Coal and Nuclear
WASHINGTON--A new study from the Institute for Energy Research finds that electricity from new wind and solar power is 2.5 to 5 times more expensive than electricity from existing coal and nuclear power.
This innovative study relies on data from the Energy Information Administration and the Federal Energy Regulatory Commission to find the levelized cost of electricity from existing plants, not just the cost of electricity from new power plants as is typical with many studies.
