RPS by the Numbers
June 12, 2007
07:28 PM
The Impact of a Federal RPS
The following is an analysis of the monetary impact of a federally mandated 15% RPS on the nation and in several individual states.
States that CANNOT Meet the RPS:
Alabama, Arizona Arkansas, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey North Carolina, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Washington, West Virginia and Wisconsin.
Each represents the total cost to consumers by 2030:
National impact:
$175 billion
State-by-State Impact:
ALABAMA: $7.9 billion
ARKANSAS: $7.2 billion
FLORIDA: $21 billion
GEORGIA: $12.4 billion
ILLINOIS: $6.1 billion
INDIANA: $6.9 billion
KENTUCKY: $7.3 billion
LOUISIANA: $6.5 billion
MISSOURI: $5.7 billion
NORTH CAROLINA: $12 billion
OHIO: $12.8 billion
OKLAHOMA: $6.0 billion
SOUTH CAROLINA: $6.1 billion
TENNESSEE: $7.1 billion
TEXAS: $17.9 billion
VIRGINIA: $7.6 billion
Source: Global Energy Decisions for Edison Electric Institute
--30--