POV: Power Breakfast

Power Breakfast for July 7, 2015

PUCT sets discount rate; Report quantifies economic, societal benefits of nuclear energy; Initiative to increase solar energy access for low-income Americans


POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • The Public Utility Commission of Texas set the discount provided to low-income electricity customers at 31 percent, meaning the average customer on the program will notice about a $52 reduction on their monthly bill, Energy Choice Matters reports.
  • Without nuclear energy, retail electricity rates could increase by about 6 percent, a new study by The Brattle Group finds. The report also concludes that nuclear energy plants contribute $60 billion annually to the U.S. gross domestic product, account for 475,000 full-time jobs and prevent 573 million tons of carbon dioxide emissions.
  • The White House will announce today it intends to triple the solar energy capacity installed in federally subsidized housing by 2020, make it easier to borrow money for solar improvements and help renters gain access to solar energy, The New York Times writes.

 

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