Massachusetts has attempted to lead the push for renewable energy and energy efficiency programs. The state currently offers over 25 unique mandates, programs and incentives to promote renewable energy and energy efficiency. Since all of these mandates, programs and incentives attempt to influence the behavior of utilities, consumers and businesses they incur costs. This report from the Beacon Hill Institute studies the cost increases from 11 of these 25 mandates and concludes that over the eleven years, the average household ratepayers will incur $1,582 in higher electricity prices to fund these 11 mandates, programs and incentives, the average commercial ratepayer will spend $15,559 and the average industrial ratepayer $141,255. These figures do not include the cost incurred from the state’s other 14 green energy mandates, programs and incentives. (Read more…)
Massachusetts has attempted to lead the push for renewable energy and energy efficiency programs. The state currently offers over 25 unique mandates, programs and incentives to promote renewable energy and energy efficiency. Since all of these mandates, programs and incentives attempt to influence the behavior of utilities, consumers and businesses they incur costs.