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PSO plan to phase out coal generation may cost too much, group says

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PSO plan to phase out coal generation may cost too much, group says

William Yeatman, assistant director of the Center for Energy and Environment at the Competitive Enterprise Institute, said PSO's plan underreported the costs of switching to natural gas by using “budget gimmicks.” PSO ratepayers will have to pay for phasing out the Northeastern coal units before the end of their useful lives, he said.