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Coal is Affordable
Producing electricity from coal is about half the cost of using other fuels
This helps to keep energy costs affordable for American families and businesses.
Source: Coalition for Affordable and Reliable Electricity
Americans took for granted that low-cost electricity would always be there when they needed it until recently. Events in California and other parts of the U.S. have awakened consumers to their reliance on abundant and affordable electricity.
Source: Center for Energy and Economic Development
Electric pricing depends largely on fuel costs. Coal is and will continue to be the least expensive fuel for generating electricity. Unlike other fossil fuels used for generating electricity, coal prices have changed little since the 1980s. In 20 years, the price of coal has increased only four percent, while crude oil prices increased 51% and natural gas prices increased 211%.
Source: Center for Energy and Economic Development |
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