So, the Oak Creek power plant is finally complete.
Read the full Journal Sentinel story here. From it:
The biggest unknown: the project’s final cost. We Energies will file reports detailing the final cost this year when it seeks to adjust rates for 2012 and 2013, Kuester said.
Regulators approved a $2.15 billion price tag for the project, and set a cap allowing overruns of up to 5% to be passed along to utility customers.
“We hope customers won’t have to pay for any cost overruns associated with the construction of the power plants,” Charlie Higley, executive director of the coustomer group Wisconsin Citizens’ Utility Board. “We’re also hopeful that the plants continue to run well, and that We Energies doesn’t charge customers for any costs associated with uneven performance” of the first coal plant last year.
And check out these other local headlines of note:
- Cudahy Municipal Court Backlog Cleared (Journal Sentinel)
- Quiet Winter Giving Street Crews a Reprieve (Oak Creek Patch)
- Full Speed Ahead for Cedar Hills’ Expansion (Oak Creek Patch)
- Caterpillar to Open Mining Equipment Plant in Thailand (Wall Street Journal)