American Experiment releases new study on the cost of carbon-free electricity in Wisconsin with Congressman Tom Tiffany
Center of the American Experiment continues its nation-leading efforts to educate Americans about the high cost of weather-dependent energy sources. In our latest report, we calculate the high costs of the 100 percent carbon-free electricity mandate advocated by Wisconsin Governor Tony Evers.
We are fortunate to have Wisconsin Congressman Tom Tiffany to help us launch our study today, October 19, 2022, at 12:30 at 29 Pines Family Restuarant in Eau Claire. We will discuss how the Evers Plan will increase electricity costs for Wisconsin families, businesses, and manufacturers by an average of $2,755 per year, every year, through 2050.
Other notable findings from the report include:
- Rising electricity prices would harm everyone, including schools. Our research found that the Muskego-Norway School District would see electricity costs increase by approximately $537,588 annually under the Evers Plan. This means the district would have to lay off nine teachers making an average salary of $58,000 per year to pay these higher electric bills or raise property taxes to keep them on staff.
- Rising electricity prices would threaten jobs in energy-intensive industries like manufacturing and agriculture. Jobs in the papermaking industry would be particularly at risk.
- Under the Evers Plan, the electric grid would experience devastating 8-hour and 20-hour blackouts in late January 2050 if electricity demand
and wind and solar output are the same as they were in the year 2020.
Europe’s economy is suffering from the massive price spikes for energy, and if we repeat their mistakes, we will bear the same consequences. This report is designed to give lawmakers of all political orientations a better understanding of how the electric grid works, and how to provide reliable, affordable energy to the Wisconsinites who rely upon it.