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Myths vs. Facts about the Tenaska/Taylorville (TEC)

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Myths vs. Facts about the Tenaska/Taylorville Energy Center (TEC)  

Myth: The TEC will result in a small rate hike.

Fact: The TEC will cost Illinois ratepayers nearly $300 million every year.  More than $142 million will be paid by residential customers. The rest will be foisted on to Illinois employers.  For example, the Chicago Public Schools will pay at least $1 million more per year and have absolutely nothing to show for it.

Myth: The TEC will create jobs for Illinois.

Fact:  The Tenaska plant is a jobs killer.  Economic models show that forcing Illinois employers to pay hundreds of millions in higher rates will cost a minimum of 15,000 jobs statewide. Compare that to the 2,500 temporary jobs and “hundreds” of permanent jobs Tenaska claims its plant will create.  
Myth:  The TEC is green.

Fact: At best, the plant would have the same emissions profile as a natural gas-fired power plant. Also, underground sequestration of the CO2 is untested and unproven.

Myth: The General Assembly has all the information it needs to decide.

Fact:  The ICC has said that a number of important questions need to be answered before any 30-year commitment is made.  Tenaska has not provided those answers!

Go to www.stopcoalition.com for more information.

posted by Capitol Fax Blog Advertising Department
Tuesday, Nov 23, 10 @ 1:13 pm

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