Costs and benefits of compliance with renewable portfolio standards estimated
Wednesday, June 11, 2014 - 11:42
in Mathematics & Economics
A new report reviews estimates of the costs and benefits of compliance with Renewable Portfolio Standards in the United States and explores how costs and benefits may evolve over time. Based on a review and analysis of data from state compliance filings and other sources, the report finds that the estimated incremental RPS cost over the 2010-2012 period -- the cost above and beyond what would have been incurred absent the RPS -- was less than 1 percent of retail electricity rates on average.