A ratepayer-subsidized bailout for a dying coal plant could total $100 million

The Ratepayers and Community Intervenors (RCI), a ratepayers group, and the Sierra Club have filed an appeal challenging a Public Service Commission (PSC) order forcing families and businesses in the Finger Lakes region to pay $155 million dollars in out of market subsidies to prop up the uneconomical Cayuga coal-fired power plant in Lansing until…

The Ratepayers and Community Intervenors and the Sierra Club, represented by Earthjustice, filed an appeal challenging a Public Service Commission order forcing families and businesses in the Finger Lakes region to pay $155 million dollars in out of market subsidies to prop up the uneconomical Cayuga coal-fired power plant in Lansing until alternatives can be developed to meet the region’s electricity demand.

PSC to put families and businesses on the hook for a $155 million bailout of the dirty and uneconomical Cayuga coal plant