Consumer Impacts of Clean Energy: Renewable Energy

Clean energy offers many benefits to consumers, including reducing consumers’ electricity bills, lowering total electricity system costs, and providing health and resilience benefits. States can accelerate consumers' access to these benefits with policies that support energy efficiency, demand flexibility, renewable energy and storage. Berkeley Lab developed a series of briefs that explore the consumer benefits of clean energy, and identify actions states can take to promote them. This brief discusses some of the possible consumer benefits of utility-scale and behind the meter renewable energy, with a focus on how these resources can contribute to a low-cost electricity system. It begins with a literature review of modeled impacts, primarily considering consumer benefits, of the Inflation Reduction Act and Bipartisan Infrastructure Law. Next, it discusses how utility-scale renewable energy can contribute to a low-cost electricity system (e.g., in some cases, low resource costs relative to other alternatives). It concludes with a discussion of behind-the-meter renewable energy consumer benefits (e.g., reduced host electricity bill, increased property value, resilience).