Study Says Expansion of California’s Electric Grid Would Save Consumers $1.5 Billion

The manager of the state’s electric grid released studies Tuesday that show its proposed expansion would yield annual consumer savings of as much as $1.5 billion by 2030 and help with the state’s goal of 50% renewable energy by then.

The California Independent System Operator, which produced the nearly 700 pages of reports under a mandate by state lawmakers, said expanding its operations to include more Western states would result in a more efficient electric grid system.