Green Energy Industry
Why not green energy plans are more popular?
For many owners of Texas, a green energy plan for your home sounds like the right thing to do. After all, green energy is clean, clean, no fuel costs, and because it is renewable, its cheaper in the long term. Thus, subscribing to a Texas electricity plan that supports and promotes renewable energy, it seems that those responsible for environmental, land it easy to do.
But the reality, especially in these times of economic difficulties, shows that not as many customers are signing up for such plans as might be thinking. So, why are not green energy plans popular?
The answer is price. If you compare residential energy plans Green based on 100% green energy, is that these prices more spending plan compared to fossil fuels and green mix. Some have a small difference of 0.2 cents / kWh, others as high as 1.7 cents per kWh. However, although this may not seem like much, the difference is evident in 200 kWh a $ 2,000 bill in July, when the difference could add anywhere from $ 4 to $ 34. This charge reflects the cost of green energy.
So, why green sources cost more? Is supposed to be a source of cheap energy, right? Both the sun and the wind does not cost anything.
Exactly right. Green energy sources are natural processes. However, the technology to extract these energy sources cost more than what is needed for fossil fuels. Extracts energy from burning fossil fuels. Consider that the photovoltaic panels convert sunlight directly into electrical energy. Currently, the average energy cost of a panel is approximately $ 2.50 per watt (low = $ 1.42/watt, high = $ 3.75). The wind turbine is less expensive by about 5 cents / kWh according to the American Wind Energy Association.
Meanwhile, a pound of coal supplies enough electricity to power ten light bulbs of 100 watts for one hour. That is 1000 watts and a commodity cost 0.7 cents / pound (yes, that is seven tenths of a cent) according to EIA, the price of Powder River Basin coal. The natural gas is more expensive at about 4.3 cents / kWh, but is still more cheaper than wind energy and provides better reliability.
However, this does not mean that green energy is too expensive. In any case, prices wind and solar energy are reaching tipping points, albeit slowly. Of fossil fuels and nuclear power generators pose no problems serious. According to the National Research Center , if we take into account pollution, toxic waste, radiation, and health-related costs that we can all add another 3.2 cents / kWh in our Bill utilities. fossil fuel plants and nuclear weapons are also faced with maintenance and forced issues that can sometimes cut off for 20 hours or more, requiring other plants to cover the deficit. This is another cost that could also be added to our bill.
However, these are the hidden costs of a broader world view. Most consumers do not consider when they shop for their electricity plans to Texas home.
Consumers who buy green power plans Texas realize these costs and appreciate the impact their energy options in the environment. They know very well that although they are paying more for green energy, the electrons coming down the grid in your home to warm your toaster does not necessarily coming from a wind turbine or solar panel array. Demand for green energy has contributed to the renewable energy capacity under construction greener. The report data the EIA shows renewable energy industry is growing, citing the wind capacity grew about 19 gigawatts (GW) 2003 to 2008 and predicted a trend expanding to 39 GW between 2008 and 2019.
So what are these few happy to leave it? They value the environment and energy independence and are willing to pay more to promote renewable energy development. In short, they are back up its commitment to put its money where its mouth is by signing a renewable energy plan.
About the Author
Vernon Trollinger is a writer for Bounce Energy. Bounce Energy is a Texas Electric Company based in Houston. Bounce Energy’s goal is provide more than low Texas Electric Rates to our customers. With innovative and flexible plans, excellent customer service, and superior customer rewards, Bounce Energy offers a unique approach to Texas electricity.
The Christie Plan: Energy As Industry
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