The US Energy Information Administration currently projects the capacity-weighted LCOE of new offshore wind assets coming online in 2026 to average $115.04 per megawatt-hour, with some regions capable of getting that under US$100.
Looking at my bill, I pay $0.0763 per KWHS. That is of course with a coal fired power plant that will be shut down 12/31/21 because we will switch to solar and wind her in Washington State. I am sure the price should go down. /s
Looking at my bill, I pay $0.0763 per KWHS.
Here in the PRoNJ, I pay 13.3 cents per KWH. So, they’re gonna decrease my bill by maybe 20% if this all works the way they say, which it won’t.
Well, your electricity bill may just be reduced. The price may go up, but you may have rationing of power due to lack of availability.
Washington State is no where near able to survive on non fossile fuel electric power unless all available hydroelectric power is re allocated. Maybe not even then.