Tag Archives: Six Times the Average Cost
‘Free’ Offshore Wind Farm Power Costs Six Times the National Average Cost of Power in USA
Americans are fast learning that the cost of wind power is staggering, and the cost of offshore wind power is astronomical. Joe Biden and his Squad are eager to plant thousands of these things up and down the Atlantic coast, claiming that offshore wind power is ‘free’ and getting cheaper all the time. It’s a myth, to be sure, as Willis Eschenbach carefully details below. Block Island Wind Farm – And what are the economics of the Block Island Wind Farm? (insanity!) How much is that energy worth? The nationwide average to the customer is around 13 cents/kWh,,, And how much is Rhode Island paying for this “inexpensive” wind energy? Hang on to your jaw so it doesn’t hit the floor … they’re paying 24.4 cents/kWh, six times the national average, and it’s going up by 3.5% per year … so in ten years it will be 34.4 cents/kWh. But wait, there’s more.,,, Oh, plus the surcharge to pay for the transmission cable,,, >click to read< 09:54
