The Public Utility Regulatory Policy Act (PURPA) is costing consumers billions, and desperately needs an upgrade. CEA Southeast Director, Kevin Doyle shares how it’s impacted South Carolinians.
“PURPA forces utilities to purchase renewable energy at inflated prices regardless of whether they need the electricity or not. These long-term contracts (some decades long) don’t take into account any updates, such as the cost of renewables or the need for power.
Now that we’re advancing renewables, driving up the cost unnecessarily through old laws only serves to slow the growth and forces higher costs on those who can least afford it. In the past five years alone, South Carolina consumers have overpaid by as much as $2.3 billion.”
Read more – Go Upstate