Why Aren’t Green Energy Plans More Popular?

By Vernon T., March 14, 2011, News

A green energy plan for your home sounds like the right thing to do for many homeowners’ Texas electric choice. After all, green energy is clean, non-polluting, has no fuel costs, and because it’s renewable, its cheaper in the long run. So, signing up for a green energy Texas electricity plan that really does support and encourage renewable energy sources, seems like the environmentally responsible, earth-friendly thing to do.

But the reality in these challenging economic times shows that not as many customers are signing up for these kind of plans as you would think. So, why aren’t green energy plans more popular?

The answer is price. If you compare residential green energy plans that rely on 100% green energy, you will find that these Texas electric providers plan-prices cost more compared to those that mix green and fossil fuels. Some have a small difference of .2 cents/kWh; others as high as 1.7 cents/kWh. Now, while this might not seem like that much, the difference becomes evident on a 2000 kWh $200 bill in July when the difference could further add anywhere from $4 to $34. This additional charge reflects the cost of green energy.

So, why do green sources cost more? It’s supposed to be a cheap energy source, right? Both the sun and the wind don’t cost anything.

Exactly right. Green energy sources are natural processes. However, the technology to extract these energy sources costs more than what it takes for fossil fuels. To learn more about the technology, how it’s changing, and the hidden health costs of fossil fuel, read the full article: Why Aren’t Green Energy Plans More Popular.

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