Delawareans Paying More for Energy - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delawareans Paying More for Energy

Posted: Updated:

DOVER, Del. - There has been a long debate over whether solar power is better than wind power.

The question is which is better to boost Delaware into a greener future.
    
Dr. David Stevenson is the director of the Center for Energy at the Caesar Rodney Institute in Dover, a research and education organization that, in part, helps get the state's economy moving.     

Stevenson said the answer is not offshore wind.       

"The problem with offshore wind is it's extremely expensive," he explained. "You've got to use stainless steel parts, you're trying to build it in the ocean. You've got to be able to resist high winds and waves. So, even with oil wells. If you build an onshore oil well, it's maybe $800,000. If you build an offshore oil well, it's almost $4 million."

Stevenson said according to federal statistics, Delawareans are paying too much for energy.

"We are about 35 percent higher than average. Virginia happens to be an average state. The difference is about $350 a year for a residential customer, but for industrial customers, it can be many hundreds of thousands of dollars more to locate here," said Stevenson.
     
He said Delawareans are paying more due to a lack of generating capacity.

"We have to import about 40 percent of our electricity from out of state. The primary reason we're paying more for electricity in Delaware is because we don't have generating capacity in the state," said Stevenson.

Stevenson said the state is going in the wrong direction.

"If we continue with state policies as they exist today, we're going to pay another 20 percent higher than other states, mainly around green energy programs," said Stevenson.

Stevenson said it is about being smart about green energy. He suggests building conventional power plants in order to become competitive and clean.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Jeff Gordon Visits Rehoboth Beach

    Jeff Gordon Visits Rehoboth Beach

    Thursday, August 21 2014 9:40 PM EDT2014-08-22 01:40:38 GMT
    Four-time Dover International Speedway winner Jeff Gordon spent the day exploring downstate Delaware Wednesday while in town to promote the Sept. 28 “AAA 400” NASCAR Sprint Cup Series race in Dover.More
    Four-time Dover International Speedway winner Jeff Gordon spent the day exploring downstate Delaware Wednesday while in town to promote the Sept. 28 “AAA 400” NASCAR Sprint Cup Series race in Dover.More
  • Fire Officials: Adaptor Malfunction, Hoarding Contributed to Fire

    Fire Officials: Adaptor Malfunction, Hoarding Contributed to Fire

    Thursday, August 21 2014 4:50 PM EDT2014-08-21 20:50:54 GMT
    The Maryland State Fire Marshal said a wooden building fire Thursday afternoon amounted to $110,000 in damages.More
    The Maryland State Fire Marshal said a wooden building fire Thursday afternoon amounted to $110,000 in damages.More
  • Md. and Del. Get Part of $16.65B Bank of America Settlement

    Md. and Del. Get Part of $16.65B Bank of America Settlement

    Thursday, August 21 2014 9:38 PM EDT2014-08-22 01:38:28 GMT
    WASHINGTON (AP/WBOC) - Bank of American reached a record $16.65 billion settlement with the U.S. Justice Department and six states, which include Maryland and Delaware. The settlement was over the company's sale of mortgage-backed securities in the months leading up to the financial crisis. It is by far the largest deal the Justice Department has reached with a bank over the 2008 mortgage meltdown.Maryland will get $75 million, according to Attorney General Doug Gansler. "With this settlement...More
    WASHINGTON (AP/WBOC) - Bank of American reached a record $16.65 billion settlement with the U.S. Justice Department and six states, which include Maryland and Delaware. The settlement was over the company's sale of mortgage-backed securities in the months leading up to the financial crisis. It is by far the largest deal the Justice Department has reached with a bank over the 2008 mortgage meltdown.Maryland will get $75 million, according to Attorney General Doug Gansler. "With this settlement...More
Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service