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To: sm1th who wrote (184268)6/3/2014 10:03:15 PM
From: Biomaven  Respond to of 206159
 
>higher utility bills

I've seen estimates of a 3-4% increase if this proposal is put into effect. No real idea if that is correct or not.

From a back-of-the-envelope perspective, if we consider that this proposal basically attempts to cut coal from 40% to 30%, and I'd guess nearly half of that was going to happen anyhow, we are talking about replacing maybe 6% of the total electricity production (maybe less to the extent conservation cuts demand). New gas-fired plants are pretty quick to build and combined-cycle gas plants are very efficient. Given it's likely the old, less efficient coal plants that will go, I could see extra costs as being pretty low.

Here's a study from Harvard School of Public Health that puts the externalities of coal at $0.18/kWh - looks kind of exaggerated to me after a quick look, but I could easily see $0.05/kWh as being reasonable.

chge.med.harvard.edu