Policy Documents

2012 Cost Analysis of the New Energy Economy

William Yeatman –
January 29, 2013

Before Bill Ritter became Governor of Colorado, state regulators required utilities to deliver power to ratepayers at the least possible cost. Ritter’s New Energy Economy changed the rules so that clean energy took priority above affordable energy. In fact, it seemed not to matter whether the electricity generated by these “new energy technologies” was even needed. The bill is now coming due, and it is not pretty. In 2012 alone, Colorado ratepayers spent almost half a billion dollars on New Energy Economy policies, in return for unneeded electricity.