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Posts tagged “cost of solar”

By Russ Finley on May 17, 2012 with 5 responses

How Much Are You Willing to Pay for Clean Energy?

A recent study published in the subscription only Nature Climate Change (which I do not have a subscription for) found the price Americans are willing to pay to have 80 percent “clean” energy by 2035. Drum roll please  … $13 bucks a month.

The researchers went a step further and calculated that the cost would have to drop even further to overcome political barriers:

The researchers — Joseph E. Aldy, Matthew J. Kotchen and Anthony A. Leiserowitz — ran a what-if exercise and found the current level of public support insufficient to overcome entrenched opposition in Congress.

Majority rule does not really apply there, of course: getting anything controversial through the Senate, for example, requires 60 votes to break filibusters. With some number-crunching and assumptions about how preferences back home would influence the votes of lawmakers, the researchers found that the annual added cost per household of a clean energy policy would have to drop below $59 a year to pass the current Senate and below $48 a year to pass the current House.

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