PSC commissioner: Renewable energy facilities come at a reasonable cost to consumers

From a story by Tom Content in the Milwaukee Journal Sentinel:

A report from the state Public Service Commission tallies the cost of complying with the state’s renewable power standard, concluding that it sent power rates up about 1% through 2010.

The report found that Wisconsin’s renewable projects accounted for more than 7% of sales in 2010, or nearly twice the level of 2006, when the state’s renewable standard was adopted by the state Legislature.

Since 2007, the commission has endorsed proposals to build $1.7 billion for utility-owned renewable projects, primarily wind farms built in Wisconsin and nearby states.

The report doesn’t account for about $500 million worth of projects, which were not completed as of 2010.

Large projects like new power plants are paid off over time, so the cost of adding those to the state’s fleet of generation was about $200 million, or an increase of 1% of utility sales, the report estimated. The estimate is based on a comparison of the cost of the projects with the average market price of power sold on the wholesale Midwest energy market during the period.

Wisconsin’s standard requires increases in the amount of renewable energy that utilities buy or build, so that 10% of utility sales in 2015 will come from renewables such as wind, solar and biomass projects.

The standard was enacted in 2006 with bipartisan and near-unanimous support. The state Assembly co-author of the bill, Republican Phil Montgomery, chairs the state Public Service Commission. . . .

Commissioner Eric Callisto, who was chair of the commission under Democratic Gov. Jim Doyle, said the PSC staff’s analysis “confirms that balancing the state’s generation portfolio with clean, renewable energy facilities comes at a reasonable cost to consumers.”

While providing balance for a fleet that relies on fossil fuels for a majority of Wisconsin’s power generation. Callisto said the renewable projects also “act as important risk mitigation tools in a future of increasing air regulation, and provide opportunities for economic development within the four corners of the state.”

PSC commissioner: Renewable energy facilities come at a reasonable cost to consumers

From a story by Tom Content in the Milwaukee Journal Sentinel:

A report from the state Public Service Commission tallies the cost of complying with the state’s renewable power standard, concluding that it sent power rates up about 1% through 2010.

The report found that Wisconsin’s renewable projects accounted for more than 7% of sales in 2010, or nearly twice the level of 2006, when the state’s renewable standard was adopted by the state Legislature.

Since 2007, the commission has endorsed proposals to build $1.7 billion for utility-owned renewable projects, primarily wind farms built in Wisconsin and nearby states.

The report doesn’t account for about $500 million worth of projects, which were not completed as of 2010.

Large projects like new power plants are paid off over time, so the cost of adding those to the state’s fleet of generation was about $200 million, or an increase of 1% of utility sales, the report estimated. The estimate is based on a comparison of the cost of the projects with the average market price of power sold on the wholesale Midwest energy market during the period.

Wisconsin’s standard requires increases in the amount of renewable energy that utilities buy or build, so that 10% of utility sales in 2015 will come from renewables such as wind, solar and biomass projects.

The standard was enacted in 2006 with bipartisan and near-unanimous support. The state Assembly co-author of the bill, Republican Phil Montgomery, chairs the state Public Service Commission. . . .

Commissioner Eric Callisto, who was chair of the commission under Democratic Gov. Jim Doyle, said the PSC staff’s analysis “confirms that balancing the state’s generation portfolio with clean, renewable energy facilities comes at a reasonable cost to consumers.”

While providing balance for a fleet that relies on fossil fuels for a majority of Wisconsin’s power generation. Callisto said the renewable projects also “act as important risk mitigation tools in a future of increasing air regulation, and provide opportunities for economic development within the four corners of the state.”

PSC commissioner: Renewable energy facilities come at a reasonable cost to consumers

From a story by Tom Content in the Milwaukee Journal Sentinel:

A report from the state Public Service Commission tallies the cost of complying with the state’s renewable power standard, concluding that it sent power rates up about 1% through 2010.

The report found that Wisconsin’s renewable projects accounted for more than 7% of sales in 2010, or nearly twice the level of 2006, when the state’s renewable standard was adopted by the state Legislature.

Since 2007, the commission has endorsed proposals to build $1.7 billion for utility-owned renewable projects, primarily wind farms built in Wisconsin and nearby states.

The report doesn’t account for about $500 million worth of projects, which were not completed as of 2010.

Large projects like new power plants are paid off over time, so the cost of adding those to the state’s fleet of generation was about $200 million, or an increase of 1% of utility sales, the report estimated. The estimate is based on a comparison of the cost of the projects with the average market price of power sold on the wholesale Midwest energy market during the period.

Wisconsin’s standard requires increases in the amount of renewable energy that utilities buy or build, so that 10% of utility sales in 2015 will come from renewables such as wind, solar and biomass projects.

The standard was enacted in 2006 with bipartisan and near-unanimous support. The state Assembly co-author of the bill, Republican Phil Montgomery, chairs the state Public Service Commission. . . .

Commissioner Eric Callisto, who was chair of the commission under Democratic Gov. Jim Doyle, said the PSC staff’s analysis “confirms that balancing the state’s generation portfolio with clean, renewable energy facilities comes at a reasonable cost to consumers.”

While providing balance for a fleet that relies on fossil fuels for a majority of Wisconsin’s power generation. Callisto said the renewable projects also “act as important risk mitigation tools in a future of increasing air regulation, and provide opportunities for economic development within the four corners of the state.”

Institutional and Cultural Barriers to Renewables Are Growing

From a presentation by Michael Vickerman, Program and Policy Director, titled Progress or Retreat? Constructing a Viable Policy Road Map for Renewables in Wisconsin at the MREA Energy Fair, Custer, WI, 5:00 pm, June 16: 

  • Climate change issue losing currency
  • Natural gas emerging as the new silver bullet.  100 years’ supply at rock bottom prices?–NOT!!!!
  • RE incentives have been rebranded as subsidies
  • Utilities groaning under excess generating capacity 
  • Revenue growth no longer a certainty 
  • Investment is passé – cost-cutting now the rage. 
    Consequently, utilities are backpedaling from renewables 

 See the full presentation here.

Celebrate Solar, June 20, Madison

Celebrate Solar, June 20, Madison

Celebrate the success of the MadiSUN solar group buying programs.

We’ll hear from experienced solar owners and experts with innovative ideas to carry us further and grow solar power, in Dane County and beyond.

We’ll cover the following:

  • How to get the most value from your solar power with renewable energy credits
  • How to get green energy for your home or business without the upfront costs
  • Learn about Willy Street Coop group buying and community investment
  • Hear from people who have taken the leap to green energy!

Click on photo to enlarge.

Click here to learn more about REpowerNow.