· Delaware state law requires electric utilities use expensive renewable power sources such as wind and solar for electricity on a sliding scale reaching 25% by 2025.
· The state is requiring the use of solar power which costs five times conventional sources and is encouraging the use of offshore wind which costs three times conventional sources.
· If 2025 rules were in place today, it would add at least 20% to our electric bills and would cost Delaware consumers almost $300 million a year.
· The “Green Premium” for the renewable power sources required by RPS will cost two to eight jobs elsewhere for every “Green” job created.
· The policy is based on uncertain science that manmade carbon dioxide emissions will have a significant impact on global temperatures. The policy also assumes the cost of conventional power sources will dramatically increase which is not accurate when looking at current trends in fuel prices for natural gas, coal, nuclear, and hydro power.
· If lower carbon dioxide emissions are desired, we can meet this goal more affordably and faster with natural gas, nuclear, and clean coal.
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