Tuesday, April 26, 2011

Consumers Energy asks to cut customers' renewable energy cost by 72 percent !

Mitten State reported weeks ago that Consumers Energy customers’ utility bills would be lowered because renewable electricity was turning out to be substantially less expensive than originally predicted.

Today we learn just how much. The utility is asking to reduce the renewable energy charge on residential bills from $2.50 to 70 cents per month – a 72 percent cost cut.

Whether the money goes back to ratepayers or is funneled into solar energy development is a discussion worth having. But the bottom line is that meeting Michigan’s target of generating 10 percent of its electricity from clean, renewable energy by 2015 will be neither as difficult nor expensive as  opponents  would have you believe.

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