Energy Prices 2013: Renewable Power Could Cause Your Electric Bill to Plummet

As we come to the end of an election campaign cycle, something else will be ending as well.
Wind subsidies.
A poster child for the ongoing debate over government support for renewable energy, the wind subsidy will expire at the end of 2012. Amidst the fog and din of a political war, Congress is not going to renew it.
The wind subsidy amounts to a tax credit of some $22 per megawatt hour. Critics note that the wholesale price of electricity in many parts of the U.S. costs $44. T…

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