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HOW RENEWABLE PORTFOLIO STANDARDS ALTER RESIDENTIAL ELECTRICITY PRICES IN THE UNITED STATES

by Gardner, Robert

Abstract

Renewable energy policies help drive states in the US toward cleaner energy technologies. Renewable Portfolio Standards (RPS) is one policy which mandates states to produce a certain percentage of their electricity mix from renewable energy sources. This paper looks at how these policies affect residential electricity prices in the United States. This paper hypothesizes that, due to falling costs of renewable energy technologies, residential electricity costs will not increase due to RPS mandates. This main hypothesis is not supported by previous literature, and this paper also concludes that RPS mandates increase residential electricity prices in states which implement them. This paper differs from previous literature by showing a much lower percentage increase in electricity prices due to RPS mandates and thus provides insight into how renewable energy policies affect the people which live in places where the policies are enacted.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:31376
Digital Origin
born digital
Extent
47 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Kristina M.L. Acri, nee Lybecker
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2019-12