Why does renewable energy cost more than fossil fuel produced electricity?
Fossil fuel-based electricity generation has been the primary source of energy for some time. This means that investment in infrastructure to supply energy in this way was made some time ago. Renewable energy is still in its infancy and as such it presently costs more to supply. Once more renewable energy generators are introduced it could be expected that the price will decrease due to an economy of scale and a greater availability of energy from GreenPower generators. Fossil fuel-based electricity generation does not take into account hidden costs such as resource depletion, pollution and climate change impact. While you might not directly experience the impact of this now, the environment does – and future generations will. By joining Greenchoice you are helping to even-up the playing field between these two types of energy sources.
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