It’s not so strange that large companies like Google, Yahoo and Microsoft recently turned to wind energy to power their enormous data centers. Rather, it’s simple math: Wind energy is becoming surprisingly cheap. A new report released by the U.S. Department of Energy shows that the price of wind energy in the U.S. is currently at an all-time low, averaging under 2.5 cents/kWh. It has to be said that these prices are based on a sample of projects that largely hail from the lowest-priced central region of the country. Also, it’s important to note that costs would not be so low without the wind production tax credit, which covers wind projects that began by the close of 2014. But wind energy is now certainly cheaper than the average price of wholesale electricity in many parts of the country. The average retail price of electricity in May was 10.45 cents per kWh, according to the U.S. Energy Information Administration.
Report shows price of wind energy in US at all-time low, averaging under 2.5 cents/kWh
More of Today's Solutions
MIT to publish free plans online for a cheap emergency ventilator
Imagine a class project from over a decade ago ended up holding the solution to a global issue? Well that's the case for a ...
Read MoreThe case for growing nectar-rich plants in your garden this spring
The nectar created by flowering plants is a significant food source for many of the critters we share our environment with. Those of us ...
Read MoreNew York schools commit to nurturing mental health through mindful breathing
Meet Noah Hill, a third-grader at Brooklyn's Dr. Ronald E. McNair Public School 5. He's discovered a simple yet significant technique for finding peace ...
Read MoreThe surprising power of penguin poop: how guano-made clouds may help cool the...
BY THE OPTIMIST DAILY EDITORIAL TEAM In the chilly heart of Antarctica, a bunch of tuxedoed waddlers may be doing more for the planet ...
Read More
