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.
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Ford says that this report turns the argument against Tenaska around.
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Ford says that Illinois State House members should take a new look at the Senate Bill.
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This report goes against many statements by opponents of Tenaska who previously have stated that the plant would increase electricity rates.