How 100% Renewable Energy by 2050 will cost Canadians less money 

According to Stanford civil and environmental engineering Professor Mark Jacobson’s, fossil fuel energy costs 8.5 cents a kilowatt-hour and renewable energy costs 9.9 cents. We will, however, save money in two ways:

  1. Efficiencies will decrease our overall need for energy. For example, electric vehicles convert 59 to 62 per cent of the electrical energy from the grid to power at the wheels, while gas vehicles convert 17 to 21 per cent.
  2. Canadians will avoid $107.6 billion a year in health costs out of our taxes.

Overall, Canadians on average can expect a savings of $164 a year in energy costs and $8,888 a year in climate and health costs.

100 Percent renewable Canada 2015 Page 2


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