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Projected Costs of
Energy:
The exact costs of different sources of energy is difficult to accurately
measure. Some industries enjoy heavy federal subsidies which are not built
in to the cost. Nonetheless, here is a chart from the Department of Energy
that projects the cost of creating new energy from various sources.
The prices represent an average of the DOE's projections for the next 20 years. It is important to note that the costs shown for wind and solar technologies do not show additional system costs that may be incurred to integrate their intermittent power output into the grid.
Note: A kilowatt hour refers to the amount of electricity produce in one hour
that could light up ten 100 watt light bulbs. The average US Household consumes
10,000 kilowatt hours in one year.
| Type Of
Energy |
Cost Per
Kilowatt Hour (rounded off to the nearest cent) |
| Coal |
$0.05 |
| Wind |
$0.06 |
| Solar |
$0.17 |
| Natural Gas |
$0.05 |
| Nuclear |
$0.06 |
| Bio-Mass |
$0.05 |
| Geo-Thermal |
$0.05 |
| Fuel Cell |
$0.10 |
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