The construction of these new 640-MW natural gas combined-cycle units will eliminate the need for the old coal burning units. The early shut down of the coal units is due to an accelerated processing speed by the Kentucky Commission for Public Service as well as other regulatory agencies. With these additions of the new natural gas combines, Kentucky residents will enjoy a clean burning and fuel efficient power supplier. This green effort will no doubt not go unrecognized by Kentuckians but it comes at a high cost for LG&E, the entire construction and expansion efforts are estimated to cost over $580+ million to complete. The estimated time of completion is May 2015, so Kentucky residents should not expect the change to occur for awhile.
However, there is undoubtedly another plus side to this construction besides the new clean burning fuel that we will all receive. The efforts that LG&E are putting forth is expected to create over 250 new jobs for the state. While it isn't going to eliminate unemployment, any job creation is better than none. (Full article: http://www.reuters.com/
I know that unemployment is a hot-button issue in Kentucky and many of our fellow residents are dealing with the despair of this issue straight on. I know my husband was a couple months ago when he lost his job. He has luckily found a new one but for awhile there, needless to say it was quite difficult to get by. We luckily found Kentucky Car Title Loans to help us through our hard time. They have an easy online application process that guarantees pre-approval status. They also have some of the lowest rates and create a customized payment plan that suits your needs. It isn't often that I find a company that works so well to help me, but I did with Kentucky Car Title Loans (http://www.kentuckycartitleloans.com).
So the question is, what do you all think of this expansion? Is it a necessary expansion or do you think funds and efforts should be put towards something else?
