Comment Re:Uh, what? (Score 2) 46
If 1,000 Kilowatts only costs "about $5", that puts each Kilowatt at about 1/2 cent? Seems kind low...
Time to turn in your geek card. A "watt" is a unit of *power*. People pay for *energy*. Energy = power X time.
Electricity is often sold in energy units called kWh (which is 3.6 megajoules). At a retail price of 20 cents/kWh, five dollars of electric ital energy is 25 kWh.
With a power consumption rate of 1000 kW, that amount of energy is used in 90 seconds. Presumably, the 1MW peak power rate was only used briefly, just like a car with a 300hp peak power engine usually cruises around only generating a couple of dozen hp.