ALEC: North Carolina 9th in energy retail price

(The Center Square) – With diversity in mix, North Carolina is ninth in energy affordability in the Energy Affordability 2025 report from the American Legislative Exchange Council.

Still, ALEC says, “North Carolina’s energy policies, including a renewable portfolio standard and net metering, have introduced higher costs to consumers. The RPS has driven investments in solar energy, but these policies have also added financial burdens to the energy sector that are ultimately passed on to consumers.”

The report says the average retail price in cents per kilowatt-hour is 9.6. Total retail sales in megawatt-hours are 139.2 million.

Natural gas (44%), nuclear (32%), coal (11%), solar (9%) and hydroelectric (4%) represent the top generation sources.

The state does not have a cap-and-trade. This means permits are not issued for trade to incentives for emission reductions.

- Advertisement -

“North Carolina,” ALEC says in its summary, “also faces significant challenges in energy reliability, with 14 incidents reported. The state’s geographic location makes it particularly vulnerable to hurricanes, which can wreak havoc on the energy grid. These incidents highlight the vulnerabilities in North Carolina’s energy infrastructure, underscoring the need for enhanced resilience.”

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

John Ewing Jr. Elected Omaha’s First Black Mayor in Political Upset

According to The Washington Post, Democrat John Ewing Jr....

Steil: Good progress on ‘big, beautiful bill’

(The Center Square) – Wisconsin Congressman Bryan Steil is...

Seattle withdraws lease for legal encampment, displacing 100

(The Center Square) – The city of Seattle’s last-minute...

Republican leaders blast Arlington ICE policy as ‘negligent’

(The Center Square) — Arlington County is facing growing...

Bipartisan Texas bill would strengthen oversight of NGOs housing unaccompanied minors

(The Center Square) – A bipartisan bill to strengthen...

Property tax ban in Ohio moves forward

(The Center Square) – Lawmakers and government leaders are...

Benefit of tariffs not scoring well in North Carolina

(The Center Square) – More North Carolinians believe there...

New Hampshire lawmakers ban ‘discrimination’ against cryptocurrency

(The Center Square) — New Hampshire lawmakers are considering...

More like this
Related

John Ewing Jr. Elected Omaha’s First Black Mayor in Political Upset

According to The Washington Post, Democrat John Ewing Jr....

Steil: Good progress on ‘big, beautiful bill’

(The Center Square) – Wisconsin Congressman Bryan Steil is...

Seattle withdraws lease for legal encampment, displacing 100

(The Center Square) – The city of Seattle’s last-minute...

Republican leaders blast Arlington ICE policy as ‘negligent’

(The Center Square) — Arlington County is facing growing...