The High Cost of Green Energy Programs in Massachusetts
Massachusetts joins many other states in the dash to achieve a green energy future. The state has laid out a roadmap to achieve this goal that is filled with aggressive renewable energy and efficiency mandates, programs and incentives. However, renewable energy sources such as solar, wind and biomass are much more expensive to electricity ratepayers than conventional sources of energy derived from fossil fuels. The costs of the mandates, programs and incentives are already embedded in our monthly electric bills. In the next ten years, as the mandates begin increasing, these costs will soar. Electric utilities will have no choice but to pass costs onto their customers, the citizens and businesses of the Commonwealth.