For working families, less money spent on electricity bills means more money for other household necessities. That’s why low-cost coal is so important. One of the primary advantages of using coal is its low cost – and fuel price is a major component in the cost of electricity.
Think about this. According to an According to an American Coalition for Clean Coal Electricity (ACCCE)-commissioned study based upon data from the Energy Information Administration (EIA) and other government sources, household energy expenditures (electricity, home heating and transportation costs) as a share of household income have nearly doubled in the last 10 years for more than half of American families. But coal’s affordability has helped limit these rising costs. And that has meant more money for child care, food and other family essentials.Read more +
A key finding of this study commissioned by ACCCE is that families who live on low or fixed incomes are experiencing the highest per capita household energy costs. On average, 60 million American households with annual incomes below $50,000 spend 21 percent of their after-tax income on energy-related costs. That’s more than 20 cents of every dollar earned. What’s even more troubling is per capita spending for energy is even higher for lower-income households. Those families earning between $10,000 and $30,000 per year (after taxes) – and that’s 23 percent of American households – are spending 24 percent of their after-tax income on household energy-related costs.
Keeping electricity prices affordable is critical – particularly as we all work hard to lift the U.S. out of an economic downturn. That is why it’s so important that coal remains an integral part of our country’s energy portfolio. <<
Clean Coal Technology Research All Over America
There have been more than $12 billion in clean coal and other environmentally beneficial research projects in 43 states – even states that do not produce coal. See what clean coal projects are happening in your area. Explore the Interactive Map +
Real People, Real Stories
View the stories of real people living on America’s power.
