...Let’s Pay $2,500 More for Our Electricity…
We could be paying at least $2,500 more per year for our electricity if we add wind and solar to the grid. This would be the result if we followed Germany’s example with its increased use of wind and solar.
Today, the average American family uses 10,800 kWh of electricity per year, and, at 12 cents per kWh, spends $1,290 for it.
The average German will spend $3,810 for the same amount of electricity.
So far, only 22% of Germany’s electricity came from wind and solar in 2017. How much more will Germans pay when even more wind and solar are added to its grid as the result of Germany’s Energiewende, i.e. transition, program?
The price of electricity in Germany has more than doubled since 2000.
The accompanying chart shows that the price of electricity, in €-ct per kWh, doubled from 2000 to 2013. It was over 30 €-ct per kWh in 2017.
Even Germans are beginning to object.
At an EU meeting on June 11, 2018, Germany’s Energy Minister, Peter Altmaier, objected to a proposal by other EU countries to increase renewables across the EU to 33-35% by 2030. He said, “Our share has to be more than doubled,” and “the current cost [for Energiewende] to German tax payers is over $29 Billion dollars per year.”
In spite of all the money spent on wind and solar, Germany’s CO2 emissions are not falling by very much, beyond what happened as the result of Germany’s Reunification and the closing of inefficient East German industries. In fact, CO2 emissions increased in 2016 and, based on preliminary data, hardly changed in 2017.
Since 2000, Germany has only cut its CO2 emissions by 13%.
In other words, Germans have incurred considerable financial pain, a doubling in the cost of electricity, by using wind and solar, while achieving very little gain in cutting CO2 emissions.
If we follow Germany’s example, our cost for electricity will also double, and increase even more if wind and solar become an even larger part of our energy mix.
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