Changes & Trends |
Coal provides 49% of the electricity in this country, and in Kentucky 92.2% of our electricity comes from coal. (See KY Coal-Fired Power Plants) Average electricity costs in Kentucky were 5.43 cents per kilowatt-hour during 2006, the lowest in the United States, 39% below the national average in 2006. These low rates are due to our reliance on coal-fired generation, sold at cost-based rates, as well as sound utility management and excellent public policy.
As Kentucky coal companies have consolidated into a globally competitive industry the number of mines has decreased. The number of mines currently in Kentucky is 442 compared to 2,063 mines which existed in 1984. (see Kentucky Production) Post-mining land use changes are providing long term economic, social, and environmental benefits to Kentucky, and the benefits are increasing. (see Post-mining Land Uses & Mountaintop Mining Land Uses)
In comparison to other fuels, coal continues to be the lowest-cost fuel for electric generation. Underground and surface mining in Kentucky continue to show steady safety improvements. Over $3.95 billion continues to be brought into Kentucky each year from coal sales to 30 other states and 4 foreign countries. (see Economic Impact) The number of successful mining reclamation bond releases in Kentucky continues to grow each year. (see Reclamation)
Source: See individual reference pages as listed. |