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Saturday, 02/27/2016 9:24:56 PM

Saturday, February 27, 2016 9:24:56 PM

Post# of 63559
So much for the "cost" of renewables....
http://news.yahoo.com/war-coal-long-over-guess-140238921.html#

Blue-collar families can spend as much as 22 percent of their incomes on energy, including both gasoline and electricity,


making swings in power prices hurt, said Paul Bailey, senior vice president for federal affairs at the American Coalition for Clean Coal Electricity, which commissioned NERA's study.

"It's a big deal because of the electricity rates," Bailey said. "Even EPA has bigger numbers in their state-by-state figures.''

But this hasn't happened in states that are closer to complying with the law, or nationwide, as coal's share of U.S. power generation has fallen by a third since 2005, environmentalists argue.

Texas has been a leader in deploying wind energy, and its rates have dropped 9 percent since 2008, while the national average rose 7 percent,


according to the Energy Information Administration. Adjusted for broader inflation, electricity is 5.8 percent cheaper than in 2008, according to the Business Council for Sustainable Energy.

"Surging renewables build and coal retirements have not triggered a dramatic leap in retail power prices,'' the council said in a report this month. "Year on year, retail rates in 2015 fell 1.3 percent in real terms, even as real GDP grew by 2.4 percent."