Federal incentive payment of 1.8 cents/kWh for the generation of renewable energy—part of The Energy Policy Act of 2005—increases the economic attractiveness of many potential hydro sites,...
The nation's critical electric infrastructure is still too vulnerable to outages.
higher costs of mandatory renewable energy purchasing, and other local factors. Asking the public to pay even more at this time will be tough. But tough decisions are the job of the appropriate local, state, or federal regulator. Every order concerning the level of utility rates is the result of a careful analysis by regulators, with requested changes in rates required to be "in the public interest."
Finally, whatever the incremental cost of improving electric system reliability and resilience, it surely would be far less than the additional costs- monetary or otherwise-of any future electric system outages resulting from the failure to support the necessary investment.