Thursday, December 12, 2013

Chicago Quits Coal, Cuts Electricity Bills

Chicago goes green image (Credit: Shutterstock) Click to enlarge.
Everyone knows quitting coal saves millions in externalities like healthcare, but what about when quitting coal also saves millions for utility ratepayers?

The city of Chicago recently showed how moving past coal can achieve both ideal outcomes, by inking a unique power supply deal with the utility Constellation that sources municipal demand exclusively from non-coal generation facilities.

But best of all, the two-year deal will actually cut Chicago’s utility bills by hundreds of thousands of dollars per year, adding quantifiable benefits to the esoteric environmental and climate impacts of cutting coal consumption.

Chicago Quits Coal, Cuts Electricity Bills

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