Roll Back Renewable Energy Mandate in N.C.

Senate Bill 3 poses risks to the financial security of North Carolinians. The renewable portfolio standard, requiring utilities to provide 7.5 percent of energy from "renewable sources," has disadvantaged millions of consumers. Wind, solar, biomass and wood are significantly more expensive than fossil fuels, like coal or natural gas. Without subsidies, coal and natural gas would be the choice of utility companies, rather than energy three to four times more expensive.