Tenaska’s Rose Colored Glasses
Tuesday, Nov 29, 2011
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According to Tenaska’s own estimates, the Taylorville Energy Center will cost Illinois electricity customers an average of $286 million a year for the next thirty years– or $9 billion total. What’s most worrisome about this big number is that Tenaska’s estimates are only a best-case scenario and assume the Taylorville Energy Center will be built on time and on budget.
While Tenaska sees this project through rose-colored glasses, the rest of us just see red.
Not only would Illinois electricity customers be on the hook paying seven times the market price of electricity from the Taylorville EnergyCenter, Tenaska thinks we should cover cost overruns that pile up during the construction and operation of the plant too.
Tenaska can make all the predictions and promises they want, but there are no guarantees when it comes to this project. A power plant relying on the same unproven technology as the Taylorville Energy Center is currently under construction in Edwardsport, Indiana, and this project is already $1 billion dollars over budget! And, of course, it’s Indiana consumers who are footing most of that bill.
Members of the Illinois legislature may vote on Tenaska’s proposal today, but it’s not too late to take action.
Visit www.STOPCoalition.com to learn more.