In this video we see how cheaper electricity affects jobs and how Kentucky’s significantly lower cost of electricity helps large corporations be more competitive in the global market.
Kentucky will soon surpass Ohio as the 2nd highest car producing state in America after Michigan. This and numerous other trends are directly attributed to Kentucky’s coal production and usage in coal fired power plants for generating electricity.
However, coal is seeing a steady decline with the rise of fracking and the current popularity of natural gas. Regardless of the source of electricity, companies are seeing Kentucky as a viable option for manufacturing and production.
Kentucky will need to stay focused on maintaining its energy production costs low and its supply reliable in order to continue its positive trend.