111(d) Cost Estimate Tool for States
Synapse’s Excel-based tool estimates states’ electric-sector costs and benefits of complying with the EPA’s “111(d)” Carbon Pollution Guidelines for Existing Power Plants. In the proposed rule, EPA presents estimates of the costs and benefits of compliance equivalent to a national net benefit of $13 billion to the electric sector in 2030 (not including additional costs to energy efficiency program participants or climate-damage reduction and health benefits). As the agency does not provide state-level compliance costs or benefits, Synapse’s tool estimates state costs to implement the EPA’s “building blocks” by assuming EPA’s average national costs by measure and using the avoided cost of energy to calibrate the results. You can also find it on our Tools page.