by Jon Sanders
Director of the Center for Food, Power, and Life, Research Editor, John Locke Foundation
Now we can add Illinois to that growing list of states to learn that imposing renewable portfolio standards (RPS) on electrical utilities raises prices on ratepayers and harms the state’s economy, costing thousands of jobs and millions of dollars in investment while robbing citizens hundreds of millions of dollars in disposable income.
A newly released study from Beacon Hill estimates that Illiniois’ RPS will have the following effects:
Consider Illinois’ results (target year 2026) along with other states’, including North Carolina’s (click the image for the full size):