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“After careful review of the FCR, the Commission concludes that the TEC facility features high costs to ratepayers with uncertain future benefits, and uncertainties that potentially add to already-significant costs.” – ICC Report, September 2010

Other Key Findings:

• “The cost associated with electricity generated by the TEC is substantially higher than that which is associated with other types of generation facilities.” – Page 2
The cost of wholesale electricity from TEC is 400-700% higher than current market prices.

• “…above market costs of energy produced from the TEC and potential cost overruns could stifle the competitive market and create significant economic impacts.” – Page 3

• “‘the true cost of the clean-coal portion of the plant is masked by the fact that approximately 46% of the electrical capacity is actually from natural gas’ and the clean-coal portion of the Taylorville facility is ‘approximately $10,641 per kilowatt’” - Page 18

• The report identifies serious “open issues” that should be addressed before the project proceeds.

These include…

• A disproportionate risk borne by consumers for cost overruns.

• Lack of technical clarity and cost estimates for carbon sequestration.

• Constantly changing plant design and configuration.

• The plant’s true “clean coal” electricity generating capacity.

For more information, visit www.stopcoalition.com