The price of electricity in the United States for May was 13.1 cents per kilowatt hour (KWH), which is the highest it has been on record for that month, according to data from the Bureau of Labor Statistics (BLS), which tracks the price going all the way back to 1984.
Thirteen cents per KWH is the highest price for the month of May in 29 years, according to the BLS numbers.Wait until the full cost of wind and solar starts coming in. Wind and solar energy is three to six times more expensive than coal-generated electricity. And that is "direct costs" only. Considering all associated costs, it is much worse. One associated cost, for example: solar farms do not allow for dual-use of land.
On the high cost of renewable energy, then-Senator O'Bama has kept his promise to pass the cost on to the consumer. At the linked site:
Back in January 2008, in an interview with the San Francisco Chronicle, then-Sen. Barack Obama (D-Ill.) boasted about his cap and trade plan to combat global warming, saying, “You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money (sic) on to consumers.” -A most regressive "tax." Rich folks won't notice; the lower middle class will be most severely hurt.
13.1 cents/kwh. One should be able to price coal-generated electricity at 6 cents/kwh. Cue up Connie Francis.
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