August 25, 2014

Wind Prices hit all time low

The U.S. continues to be a global leader in wind energy, ranking second in installed capacity in the world, according to two reports released today by the Department of Energy. 
Total installed wind power capacity in the United States now stands at 61 Gigawatts (GW), which meets nearly 4.5% of electricity demand in an average year. 
The cost of wind energy in the U.S. is at an all-time low of 2.5 cents per kilowatt hour, according to a new report from the U.S. Department of Energy, and utility companies are in some cases electing to use wind as an energy source over fossil fuels because of its low cost.

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