Trump’s Bid to Support Coal Could Cost Ratepayers Billions, Report Finds

Delaying Even More Coal, Gas Plant Closures Could Cost Ratepayers Billions - Inside Climate News

Americans could be paying nearly $6 billion extra a year in energy bills if the Trump administration continues to keep power plants operating past their retirement dates, according to a new report.By Carrie KleinIn May, the U.S. Department of Energy ordered Michigan’s Campbell coal plant to stay open, despite its plans to shut down after more than 60 years of operation. A week later, DOE ordered the Eddystone oil and gas plant in Pennsylvania to…

Keeping coal-fired power plants open would cost ratepayers billions, report says

Ratepayers can expect to pay another $3.1 billion a year if 54 large fossil fuel power plants scheduled to be retired by the end of 2028 are forced to stay online longer, according to a consulting firm’s report that was released Thursday.

Trump’s bid to support coal could cost ratepayers billions, report finds

Orders from the U.S. Department of Energy to save coal plants from retirement could cost ratepayers more than $3 billion per year, according to a report from Grid Strategies, a power sector consulting firm.

Trump’s Fossil Fuel Plant Order Will Cost Billions

Current conditions: Tropical Storm Erin is still intensifying as it approaches the Caribbean • Rare August rainstorms are deluging the Pacific Northwest with a month’s worth of precipitation in 24 hours, threatening floods • Hong Kong has issued its highest-level “black” rainstorm warning multiple times this month as Tropical Storm Podul lashes southern China.THE TOP FIVE1. Trump’s order to keep fossil fuel power plants open will cost billionsPr…

Delaying Even More Coal, Gas Plant Closures Could Cost Ratepayers Billions

Americans could be paying nearly $6 billion extra a year in energy bills if the Trump administration continues to keep power plants operating past their retirement dates, according to a new report. By Carrie Klein In May, the U.S. Department of Energy ordered Michigan's Campbell coal plant to stay open, despite its plans to shut down after more than 60 years of operation. A week later, DOE ordered the Eddystone oil and gas plant in Pennsylvania …