Sunday, July 28, 2019

Oil and Gas are Leaving Solar and Wind in the Shade.

Residents of Georgetown can personally attest to the increase in available natural gas as the price of gas generated electricity is significantly below the price of wind and solar generated electricity that customers are contractually required to pay.

Georgetown needs to get out of these 20 and 25 year contracts for wind and solar that cost significantly more than natural gas generated electricity. 
Despite years of federal subsidies, wind and solar are being trounced by the staggering surge in domestic oil and natural-gas production. Wall Street Journal
That means that over the past half-decade alone U.S. oil and gas production has increased by roughly 13 times the total output of all domestic solar projects and more than four times the total output of every wind turbine in the country.

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