ON-Lion Letter
A March study from the Wisconsin Policy Research Institute (WPRI), The Economic Impact of Wisconsin's Renewable Portfolio Standard, finds that the state law requiring the use of electricity generated from renewable sources such as wind and solar will cost Wisconsinites $788 million between now and 2017.

Commonly referred to as the Renewable Portfolio Standard (RPS), the law -- passed in 1998 and rewritten since then -- has been forcing utilities in the state to gradually increase the amount of energy from renewable sources.  Under current law, 10% of electricity will have to come from renewable sources by 2016, although there is a movement in the state legislature to increase the requirement to 25% by 2025.

Utilities are allowed to pass on all "compliance costs" associated with the RPS to consumers, including both businesses and individuals.

"Legislators might want to pause and consider the economic impact the RPS is already having on homeowners and businesses before moving any further down the road," WPRI president George Lightbourn said.  "Renewables significantly increase electricity costs, and that has a real impact on individual Wisconsinites' pocketbooks and the overall economy."

In 2016, according to the analysis done by researchers at The Beacon Hill Institute, the current RPS will increase the average household electricity bill by $25 per year, the average commercial business bill by $200 per year, and the average industrial business bill by more than $15,000 per year.  In that year alone, electricity will be 2.4% more costly than it would be without the RPS mandate -- a total cost of $208 million.

The Lynde and Harry Bradley Foundation in Milwaukee substantially supports WPRI.
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