Comments by user: coalboy
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For Paul Stanley and KISS, rock and roll is not over (6 Comments)
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Dear jfnance32,
The Sierra Club is saving you money. Note that the consumer advocate opposes these plants because they are too expensive. In a carbon-constrained economy the cost of power from the proposed coal plants will easily exceed 13 cents per kilowatt hour. The new Solar One plant is expected to produce energy around 9 - 13 cents per kilowatt hour. Larger solar thermal plants could see costs around the 7 cents per kilowatt hour range. Wind power in a good area is less than 10 cents per kilowatt hour.
Energy efficiency can deliver savings at a cost of 2-3 cents per kilowatt hour. Want to keep energy costs from spiraling out of control? Choose efficiency, wind, geothermal, and concentrating solar, not coal. I recommend searching the web for a levelized cost chart prepared by Lazard Investment Bank for NARUC.