One of the most important energy-related trends at the state level is the imposition of renewable electricity mandates. Currently 29 states have passed these mandates and another 7 states have enacted renewable electricity goals. Many in Congress are pushing the federal government to follow suit and enact a nationwide renewable electricity mandate. To date, no studies have looked at the impact of these mandates on electricity prices. A forthcoming study from the Institute for Energy Research will examine these mandates and their impact on electricity prices. In this post we summarize the connection between renewable mandates and higher electricity prices.
