[DB]

Well here in California they lost money at 10+ cents a kilowatt-hour.

My point being that I think natural gas costs today (and for the foreseeable future) are greater than your calculations show.

[FreedomPoster]

Well here in California they lost money at 10+ cents a kilowatt-hour

Well, heck, there's your problem. When you're not generating your own power, and you have to buy power from 3 states away at the selling utilities' marginal cost of production (i.e. most expensive-to-generate kWhs), no wonder.

[Boot Hill]

Delivered natural gas costs for large public utilities are currently less than $5/MMBTU (million BTU). A modern combined cycle, combustion turbine generator typically runs at a heat rate (efficiency) of 6800 BTU (per kW-hr). This means they generate power at 3.4¢/kW-hr.

--Boot Hill