Nation's newest coal plant isn't providing cheap power | Kentuckians For The Commonwealth

Nation's newest coal plant isn't providing cheap power

Erica Peterson
August 29, 2012
WFPL FM News

When Peabody energy sold shares in a 1600 MW coal-burning power plant to towns and electric co-ops in the mid-west, communities were promised cheap power. Now the first bills are coming due. Residents of Paducah and Princeton in western Kentucky, along with 2.5 million other customers in nearby states, face higher than expected costs and economic risks.