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
How this city in Illinois plans to stop homelessness by the end of the year
Less than a decade ago, more than 700 people were homeless in the small, 150,000 person city of Rockford, Illinois, about 90 miles northwest ...
Read MoreThis map shows what Indigenous land you live on
If you’ve attended a virtual lecture or presentation lately you may have noticed that the speakers initiated the event with an acknowledgment of which ...
Read MoreMore on beavers and rewilding
We decided to dust off and update this innovative solution to restoring habitats with the most industrious aquatic mammal: beavers. At The Optimist Daily, ...
Read More9 driving changes you can make to save more and burn less
Gas prices keep going up. While many of us can’t yet afford an electric vehicle, and we still need to get places, there are ...
Read More
