In the hustle of the last few months, with the airwaves flooded by heavy election and economic news, you might have missed two eyebrow-raising reports about the renewable energy sector. Reports from two of Indiana’s major universities described how the renewable energy sector has the potential to both generate a lot of money through investment and job creation also reduce energy costs by a large margin. Taken together, the research indicates a very positive result for Hoosier communities that decide to switch their energy portfolios to renewable sources.
Cost Savings and Other Benefits – Ball State’s Study
In a study titled Economic Effects of the Changing Energy Mix in Indiana, Ball State University economist Dr. Michael Hicks said that Indiana is in the midst of a history-making shift in fuel used to generate electricity, in large part driven by falling cost of renewables.
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