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Renewable Energy Reduces the Highest Electric Rates In the Nation - Slashdot

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An anonymous reader quotes a report from Phys.Org: Coal is the primary fuel source for Midwest electric utilities. Michigan Technological University researchers found that increasing renewable and distributed generation energy sources can save Michigan electric consumers money. As renewable energy technologies and access to distributed generation like residential solar panels improve, consumer costs for electricity decrease. Making electricity for yourself with solar has become more affordable than traditional electricity fuel sources like coal. However, as three Michigan Tech researchers contend in a new study, while utility fuel mixes are slowly shifting away from fossil fuels toward renewable sources, Michigan utilities, and U.S. utilities broadly, continue a relationship with fossil fuels that is detrimental to their customers.

In the paper, Prehoda and co-authors Joshua M. Pearce, Richard Witte Endowed Professor of Materials Science and Engineering, and Chelsea...(continued)

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