This is the Kator Daily Podcast for Tuesday, January 23rd, 2018. I'm Caleb Brown.

The push for more renewable energy within states might end up costing rate payers more than they think.

Dave Stevenson, a director at the Caesar Rodney Institute in Delaware, says the renewable portfolio standard that many states are working to adopt, mainly great

payers in the cult. The renewable portfolio standard is a progressive idea that each state should be switching from using fossil fuels for generating

electricity to using wind and solar power that supposedly don't emit any carbon dioxide emissions.

What generally happens is there's a standard set, a target somewhere out in the future.

For example, in Delaware, it's 25% of our power is supposed to come from these

wind and solar sources by 2025. All right how far are states into that how many

states do this and how far are they toward doing it?

It's 30 something states are involved in this. Some of the states have voluntary

targets, some have less aggressive targets.

A few like California have more aggressive targets.

So, but Delaware is one of the more aggressive states,

particularly if you're looking east of the Mississippi.

So a lot of states just have the renewable target.

You can meet it however you want.

Delaware actually has a carve out for solar power, which is generally more expensive. The governor has also begun

talking about offshore wind power, which is astronomically more expensive.

All right, so how does that affect energy rates? Well, it's going up.

As recently as 2003, Delaware

had competitive electric rates with the rest of the country.

Now we're about 30% higher than the typical state in the United States.

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