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Reply #7: You think 24.4 cents per kWh (plus 2 cent federal subsidies) plus 3.5% annual escalation is good? [View All]

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Home » Discuss » Topic Forums » Environment/Energy Donate to DU
Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 03:53 PM
Response to Reply #6
7. You think 24.4 cents per kWh (plus 2 cent federal subsidies) plus 3.5% annual escalation is good?
You are in favor of this plan going through?

30 years of compounded price growth at 3.5% is 281%.
So 23.4 cents per kWh today, 40.8 cents per kWh 15 years from now, 68.5 cents per kWh 30 years from now.
Plus add 2 cents per kWh for taxpayer direct subsidies.

Really how can you possibly defend that? Oh yeah because wind can do no wrong in your book.
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