According to an independent rate impact analysis conducted by Pace Global LLC, a Siemens business, under the revised “Power Block First” proposal for the Taylorville Energy Center (TEC), Illinois electricity customers could save an estimated $437.7 million over a 20-year period, including more than $250.6 million in the plant’s first five years of operation.
Tenaska Vice President Bart Ford says that there will savings for Illinois residents based on this analysis.
Ford says that this report turns the argument against Tenaska around.
Ford says that Illinois State House members should take a new look at the Senate Bill.
This report goes against many statements by opponents of Tenaska who previously have stated that the plant would increase electricity rates.