Monday, February 21, 2011

Report: CA Utilities Signing Expensive Clean Power Contracts

Report: CA Utilities Signing Expensive Clean Power Contracts

It's no secret that renewable electricity in general is more expensive than power from fossil fuels. But how much more expensive? A California report shows that the state's utilities have signed contracts that will cost them over $6 billion more than they would otherwise pay for electricity from natural gas power plants.
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