What a deal: a minimum of $100 million in costs for just one utility in exchange for no benefits — even on a nationwide basis.
The Gleaner (Henderson, KY) reports,
It may eventually cost Big Rivers Electric Corp. an estimated $100 million to install equipment to capture mercury and other toxic emissions to meet new pollution standards announced Wednesday by the U.S. Environmental Protection Agency, utility officials said Thursday.
But that’s not all.
“The real impact will be on the O&M” — operations and maintenance — “side of the business,” according to Bill Blackburn, Big Rivers’ senior vice president of finance and energy services as well as its chief financial officer.
Until the costs of operating and maintaining the new pollution controls are known, “We just can’t tell what that rate impact will be” to homes and businesses, Blackburn said…