The Institute for Energy Research is a not-for-profit organization that conducts intensive research and analysis on the functions, operations, and government regulation of global energy markets.

About IER
  • Featured Analysis
  • Offshore Wind and Higher Prices Coming to Maryland

  • August 28, 2014

  • The Department of Interior just leased two tracks off the coast of Ocean City, Maryland to a wind developer. When the wind facility is built, it will cost Maryland residents higher electricity bills due to the exorbitant cost of offshore wind. Residential customers will see up to $1.50 more a month in their bills and corporations can expect a 1.5 percent monthly surcharge once the wind turbines are up and running. But that won’t be for quite a while given the steps that are needed before construction can begin. Maryland’s Wind Debacle For over a decade, Cape Wind, off the coast of Cape Cod, Massachuse...
  • Read More
The Department of Interior just leased two tracks off the coast of Ocean City, Maryland to a wind developer. When the wind facility is built, it will cost Maryland residents higher electricity bills due to the exorbitant cost of offshore wind. Residential customers will see up to $1.50 more a month in their bills and corporations can expect a 1.5 percent monthly surcharge once the wind turbines are up and running. But that won’t be for quite a while given the steps that are needed before construction can begin. Maryland’s Wind Debacle For over a decade, Cape Wind, off the coast of Cape Cod, Massachuse... Read More
Back to top