How American Power & Gas Protects Consumer Energy Prices? It is expected that renewable energy will comprise of 25 percent of global gross power generation in 2018, an increase from 20 percent in 2011. If we are able to take the advantage of the sunlight that beams on earth to the fullest for just one hour, we will be able to meet the energy demands of the entire year. Cost-Savings Attached to Renewable Energy There is no denying that renewable energy is a win-win situation for all and will help in saving millions and millions of dollars. A study was conducted by NY ISO that showed that if 8 GW of wind capacity is added to the New York State, it can help in saving $1.3 billion in yearly costs of the power plant. As compared to this, the use of solar and wind energy in electricity generation in the Western Interconnection, which provides electricity to 14 states, can potentially save $7 billion of the operating costs in a year. The initial cost of moving to these resources will be huge but in the long run, they will help in saving not only the cost but also the planet itself. …show more content…
Only 10 percent of coal capacity was used to produce energy in the U.S. in 2013 and efforts are still being made to gradually eliminate this dependence too. It is revealed in a report by the Citigroup that by 2020, all the energy in the US will be produced through clean energy and there will be no fossil fuels used. It is through the effort of the companies like American Power & Gas that renewable energy has easily become available for the consumers. The Role of Consumers in Maintaining Low