The We Energies power plant in Pleasant Prairie was retired in 2018 because it had become too costly to operate. Now, the utility wants to recover about $430 million in profits over the next two decades.
Gregory Shaver, Journal Times archives
Investors expect some return for the money they put up to build expensive power plants if they're shut down early, We Energies spokesman Brendan Conway said. Above, the We Energies power plant in Oak Creek in 2012.
Workers move a section of pipe at Alliant Energy's West Riverside Energy Center in Beloit in September 2018. The 725-megawatt addition to an existing natural gas plant is scheduled to begin operation in 2020 at a cost of about $700 million.
The We Energies power plant in Pleasant Prairie was retired in 2018 because it had become too costly to operate. Now, the utility wants to recover about $430 million in profits over the next two decades.
Investors expect some return for the money they put up to build expensive power plants if they're shut down early, We Energies spokesman Brendan Conway said. Above, the We Energies power plant in Oak Creek in 2012.
Workers move a section of pipe at Alliant Energy's West Riverside Energy Center in Beloit in September 2018. The 725-megawatt addition to an existing natural gas plant is scheduled to begin operation in 2020 at a cost of about $700 million.