New report claims New England's renewable energy policies could double electricity costs by 2050

A new report from Always On Energy Research claims that New England's renewable energy policies will significantly increase electricity costs for consumers, predicting bills could double by 2050. The report argues that transitioning to green energy will require hundreds of billions in investments. Environmental advocates have criticized the report, stating it misrepresents the costs of fossil fuel reliance and overlooks potential savings from renewable energy. They argue that the transition to zero-carbon energy will bring long-term economic benefits despite initial costs. The debate highlights the political divide over energy policy in New England, especially following recent elections that may shift federal support for clean energy initiatives. The report's findings come amid rising electricity prices in the region, which have increased by over one-third since 2020.