Friday, December 13, 2013

Chicago Buys Zero-Coal Electricity & Saves 2%

Chicago, the Windy City, has signed a new contract for all of its electricity with a competitive supplier.  None of it will come from coal-burning power plants.  The new contract also will save 2%.

Indeed, Chicago's price for power generation is an incredibly low 4.2 cents per kilowatt-hour. As recently as 2008, in many parts of America, power generation prices were 8 to 10 cents per kilowatt-hour.

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