Energy Affordability. That's Coal.
Coal fuels about half of U.S. electricity at a fraction of the cost of alternative fuels such as oil and gas. Coal will continue to be the most stable and cost-effective generator of electricity over the next 25 years, according to the Energy Information Administration's (EIA) most recent Annual Energy Outlook. According to the Energy Information Administration (EIA), coal prices are expected to remain flat through 2035. As a result, coal-based electricity is expected to grow by 16 percent by 2035, remaining the country's largest electricity provider at 44 percent of generation.
That's good news for American households and businesses that rely on coal-based electricity to help pay the bills and remain competitive in today's economy. In fact, consumers in states that use the most coal benefit from electricity rates that are less than half those in states that use the most natural gas to generate electricity.
Today, the average middle class family of four spends as much as 20 percent of their take-home pay on energy expenses, according to U.S. Department of Energy and U.S. Census data. And the price of energy is a big factor in the ability of American manufacturers to work their way out of the current recession.
Americans understand this. That's why 28 new coal-based generating units are under construction in America — helping secure an affordable energy future from coal.
2. Within financial means
3. Ability to meet the expense of
