But by the same token, a kilowatt-hour of this high-quality electricity can be used to pump several kilowatt-hours of heat into a building using a heat pump.
Assuming the plant remains in operation for 60 years with a five percent long-term cost of capital, fixed costs are approximately another 1.4 cents per kilowatt-hour.
Electrical energy is sold in kilowatt-hours; cost of running equipment is the product of power in kilowatts multiplied by running time in hours and price per kilowatt-hour.
