TLDR: no…

Available evidence does not support a direct link between renewable energy adoption and rising electricity prices. Analysis of data from 2000-2024 reveals no statistically significant correlation between wind and solar generation growth and inflation-adjusted electricity prices, despite a 97-fold increase in renewable generation. The modest 5.9 percent real price increase over 24 years suggests that concerns about intermittency and backup costs have not manifested as significant price increases at the national level.

Multiple factors influence electricity prices beyond renewable energy adoption, including infrastructure maintenance, weather-related damage, fuel price volatility, and policy changes.