“Once real numbers have come out about renewable energy costs, people are having second thoughts,” reported Maureen Masten, Deputy Secretary of Natural Resources and Senior Advisor on Energy to Governor Bob McDonnell, VA, while addressing his “all of the above energy” strategy to meet the state’s energy needs.
The real costs of renewable energy are coming out—both in dollars and daily impacts. After years of hearing about “free” energy from the sun and wind, people are discovering that they’ve been lied to.
On Tuesday, August 14, the New Mexico Public Regulation Commission (PRC) approved a new renewable energy rate rider that will allow the Public Service Company of New Mexico (PNM) to start recovering a portion of its recent development costs for building five solar facilities around the state, a pilot solar facility with battery storage, and wind resource procurements. The renewable rider could be on ratepayers’ bills by the end of the month—“depending on when the commission publishes its final order,” said PNM spokeswoman Susan Spooner.
Read more at EPA Abuse. By Marita Noon.
Please share this post with your friends and comment below. If you haven’t already, take a moment to sign up for our free newsletter above and friend us on Twitter and Facebook to get real time updates.