New study shows investing in efficiency instead of Wise County coal plant would save most Virginia families up to $91 a year

If President-elect Obama and the new Congress want to see firsthand why dirty coal is not the energy solution for America, they need look no further than the coal-fired power plant proposed for Virginia’s nearby Wise County.

“investing in energy efficiency instead of building the Wise County coal plant to meet the same electricity demand would yield hundreds of millions of dollars more annually for the state and create at least 2,600 more jobs than the controversial 585-megawatt coal-fired power plant. The benefits would be even greater if, as anticipated, the federal government enacts controls on global warming emissions...
Because electricity from coal is much more expensive than electricity saved through efficiency, building the coal plant would result in higher electric bills for homes and businesses, which would diminish consumer spending and weaken Virginia’s economy. Improving energy efficiency, on the other hand, would lower electric bills, leave more money in the hands of consumers and businesses, and boost our economy, according to the analysis. In addition, efficiency policies will directly create jobs, especially in the contracting industry for retrofitting and weatherizing homes, businesses, schools and other buildings.

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