01 May '11, 11am

Plans to close coal-fired power plants in a coal state

Plans to close coal-fired power plants in a coal state

In the [Louisville Gas and Electric's and Kentucky Utility's] latest joint Integrated Resource Plan, updated every three years and made public by the PSC on Friday, the companies' experts call for adding three times as much electricity-generating capacity from cleaner-burning natural gas as the utilities retire from coal. They say the new power mix is what will be needed to keep their rates as low as possible amid tightening environmental regulations, even as electricity demand grows. ... Customers could see their rates rise as much as 20 percent to accommodate the conversion ...

Full article: http://www.env-econ.net/2011/05/plans-to-close-coal-fired...

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