Is dark and dirty.
In exchange for locking in electric rates for 24 years with electrical provider Luminant via the Cities Aggregation Power Project, Cedar Hill (and other participating cities) are getting all coal-fired electricity.
THAT is how they avoid the volatility of commercial electric rates priced on natural gas rates.
But, Cedar Hill Mayor Rob Franke, and the city, have in the past presented an environmental image. How does coal-fired electricity square with this?
And, if President Obama and the incoming Congress pass a carbon cap-and-trade system, coal-fired electric prices are surely going up. Is there an "out" in the contract if that happens? Was the possibility even discussed?
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