Renewables

The Alliance For ​ Energy Security

The Alliance For ​ Energy Security

We are a nonprofit focused on energy policy issues that can help make renewable energy options more accessible and secure for North Carolinians.

We are a nonprofit focused on energy policy issues that can help make renewable energy options more accessible and secure for North Carolinians.

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The Alliance for Energy Security

The Alliance for Energy Security supports policies that drive down energy costs for North Carolina energy consumers by expanding market access to affordable, renewable energy options. Wind, solar, and other clean energy resources are now the most competitive energy sources on the market — but market restrictions set by state policy  are  prohibiting consumers from benefiting on these savings.

 

Good for North Carolina’s Economy

Renewable energy development is a critical driver of North Carolina’s economy – creating savings for businesses and residential customers and putting more hard-earned money back into the hands of North Carolinians, while generating billions in new private investment. Extending North Carolina’s existing renewable energy programs and putting more low-cost energy onto the grid will provide over $500 million of additional consumer savings by 2030. Energy costs are one of the biggest challenges faced by North Carolina’s industries, and adding more renewable energy can help stabilize rising electricity bills.

The solar industry has been an economic engine for the state’s rural communities – attracting nearly $15 billion in private investment over the past decade, especially in our rural communities. 

The solar industry has been an economic engine for the state’s rural communities – attracting nearly $15 billion in private investment over the past decade, especially in our rural communities. 

Good for North Carolina’s Economy

Renewable energy development is a critical driver of North Carolina’s economy – creating savings for businesses and residential customers and putting more hard-earned money back into the hands of North Carolinians, while generating billions in new private investment. Extending North Carolina’s existing renewable energy programs and putting more low-cost energy onto the grid will provide over $500 million of additional consumer savings by 2030. Energy costs are one of the biggest challenges faced by North Carolina’s industries, and adding more renewable energy can help stabilize rising electricity bills.

An extension of renewable programs in North Carolina would yield around $220 million in local tax revenues over the next few decades.

Job Creation and Building Communities

Renewable energy generates jobs and bolsters local economies. North Carolina saw tremendous clean energy investment from 2007-2020, which created over 23,000 jobs. An extension of North Carolina’s renewable energy investment would also create an additional 23,500 new jobs during construction – many in economically disadvantaged regions of North Carolina.

NC small businesses can also reinvest energy savings that renewables generate into new and higher paying jobs.

An extension of renewable programs in North Carolina would yield around $220 million in local tax revenues over the next few decades.

Job Creation and Building Communities

Renewable energy generates jobs and bolsters local economies. North Carolina saw tremendous clean energy investment from 2007-2020, which created over 23,000 jobs. An extension of North Carolina’s renewable energy investment would also create an additional 23,500 new jobs during construction – many in economically disadvantaged regions of North Carolina. NC small businesses can also reinvest energy savings that renewables generate into new and higher paying jobs.

Reliable Energy

Renewable energy is reliable energy. Fossil fuels like coal and gas are increasingly volatile energy sources, with prices that can change overnight, and supply limits that threaten the state’s energy security. Unlike the rising cost of fossil fuels, wind, solar, and energy storage are becoming cheaper and more efficient year after year. The price of renewables is fixed because there is no fuel cost: Once a solar or wind facility is built, the price of energy produced remains stable for the duration of its contract.

Solar energy sources are already providing reliable, affordable power and stable prices to more than 800,000 homes statewide.

Solar energy sources are already providing reliable, affordable power and stable prices to more than 800,000 homes statewide.

Reliable Energy

Renewable energy is reliable energy. Fossil fuels like coal and gas are increasingly volatile energy sources, with prices that can change overnight, and supply limits that threaten the state’s energy security. Unlike the rising cost of fossil fuels, wind, solar, and energy storage are becoming cheaper and more efficient year after year. The price of renewables is fixed because there is no fuel cost: Once a solar or wind facility is built, the price of energy produced remains stable for the duration of its contract.

Rural and agricultural properties benefit from property leases for renewable energies, projected to provide over a billion dollars in landowner payments over the next few decades.

Serving The Agribusiness Industry

North Carolina’s essential agribusiness industry benefits from renewable energy development, not only to provide stable and cost effective energy options for farmers, but also through significant property lease revenue for landowners. Solar leases are critical to farmers who need stable, passive income to help keep land in the family for future generations. Renewable energy is a drought-resistant cash crop for NC farmers.

Rural and agricultural properties benefit from property leases for renewable energies, projected to provide over a billion dollars in landowner payments over the next few decades.

Serving The Agribusiness Industry

North Carolina’s essential agribusiness industry benefits from renewable energy development, not only to provide stable and cost effective energy options for farmers, but also through significant property lease revenue for landowners. Solar leases are critical to farmers who need stable, passive income to help keep land in the family for future generations. Renewable energy is a drought-resistant cash crop for NC farmers.

All facts and figures produced by CCEBA Competitive Renewable Procurement in NC: Ratepayer Savings and Economic Benefits Fact Sheet, 2021.

The Alliance for Energy Security supports keeping energy costs low for North Carolinians.

As coal fired power plants become increasingly expensive, our goal is to expand renewable energy options for North Carolinians to help lower energy costs with energy sources that are secure, stable and less expensive for consumers. 

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