In a competitive market, the surplus resulting from reduction in wholesale cost of electricity would fall mostly on consumer side: market would buy wind at $2/k

In a competitive market, the surplus resulting from reduction in wholesale cost of electricity would fall mostly on consumer side: market would buy wind at $2/kWh, but the retail consumer prices would also fall correspondingly. Alas, utilities are rarely competitive markets, so the electricity retailers have more ability to capture some of the surplus.