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- Mar 3, 2006
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Wind and Solar Are Saving Texans $20 Million a Day
August 3, 2022By Mark Dyson
elektra -shlt. (about my 20th post on renewable's cheaper cost. I see you mentioned me but snakily didn't hot link me))
In a year of record-high prices for fossil fuels, as lawmakers consider new policies that can help fight inflation, renewable energy is already helping to shield Americans from steep jumps in their electricity bills.
For example, in Texas, even as some observers have incorrectly blamed renewables for the state’s strained power grid, more than a third of electricity in the first half of 2022 came from wind and solar projects. Wind and solar have both set records already this year.
High production from renewables and high fossil fuel prices together mean wind and solar are having an outsized impact on lowering energy costs. Based on benchmark natural gas prices, RMI estimates that, on average, wind and solar projects in Texas have avoided $20 million per day in fuel that otherwise would have been needed for fossil fuel-based power plants to meet electricity demand...
![rmi.org](https://rmi.org/wp-content/uploads/2022/08/Wind-iStock-532880200-e1659566099547.jpg)
Wind and Solar Are Saving Texans $20 Million a Day - RMI
Wind and solar projects in Texas have avoided $20 million per day in fuel costs to meet electricity demand.
![rmi.org](https://rmi.org/wp-content/uploads/2021/02/headshot_placeholder.png)
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