America's Energy Choice

Tenaska’s Taylorville Energy Center To Be Voted On Weds., May 23

 

Tenaska’s Taylorville Energy Center To Be Voted On Weds., May 23

Posted by David Fein on May 21, 2012

At 10 a.m. on Wednesday, we will face a critical moment in our fight against Tenaska’s Taylorville Energy Center project when it comes up for a vote before the Illinois House Public Utilities Committee.

In anticipation of that vote, the Chicago Tribune issued an editorial recently, which affirmed our view about what it would mean for businesses and families in Illinois:

"Tenaska wants a guarantee that the state will buy the power from its plant for 30 years, and it wants an 11.5 percent return on equity. Consumers and businesses would pay higher rates to cover the plant's approximately $1.1 billion cost, up to a certain cap.

Those guarantees sound great — for Tenaska. For the citizens of Illinois, they still sound mighty pricey."

Tomorrow, the Committee can either reject the bill or pass it and send it to the full House for a vote. That’s why today it’s more important than ever for customers who want to avoid being saddled with the costs of an unnecessary and costly power plant to tell their legislators that they oppose Nebraska-based Tenaska’s plan.

For those who want to oppose the plan, it only takes a few seconds at the STOP Coalition’s website – just visit the “Take Action” page and enter your zip code and you can send an email to your State Representative.

We are following this matter closely. Please check back for more updates.

David Fein

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