Chicago, the Windy City, has signed a new contract for all of its electricity with a competitive supplier. None of it will come from coal-burning power plants. The new contract also will save 2%.
Indeed, Chicago's price for power generation is an incredibly low 4.2 cents per kilowatt-hour. As recently as 2008, in many parts of America, power generation prices were 8 to 10 cents per kilowatt-hour.