Why does your electricity bill keep going up when the cost of producing electricity keeps

going down?

Since 2010, the price of natural gas has fallen 43 percent, and coal prices have dropped

11 percent, and yet the price for electricity for residential users in the U.S. has risen

13 percent over that time.

Why?

Because almost all the money Americans should have saved, and we're talking serious money,

went to subsidize renewable energy.

Wind and solar, it turns out, are more expensive than advertised.

Perhaps if renewable energy was what made our air cleaner, or what caused the dramatic

reductions in CO2 over the last decade, you could say it was worth it.

But our air was already becoming dramatically cleaner, long before wind and solar were

identified as environmentally critical.

Emissions of harmful pollutants have decreased 77 percent in the U.S. since 1970, and that

had nothing to do with wind and solar.

It was almost entirely due to the switch from coal to natural gas.

So if we're getting no cost savings from wind and solar and minimal benefits in terms

of cleaner air or reductions in CO2, why are we so obsessed with it?

The question becomes even sharper if we take a close look at your electricity bill.

It consists of three main parts.

Part one, generation cost.

Part two, transmission cost.

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