Wind and solar energy have saved Texans $7.4 billion in electricity costs so far in 2022, an average of nearly $1 billion a month, according to a recent study shared by the Dallas Morning News.
“Wind and solar generally produce very cheap electricity because they don’t have fuel costs … after you’ve built the plant there’s no fuel costs associated with generating electricity,” said University of Texas Austin research scientist and IdeaSmiths executive Joshua Rhodes, who led the research.