Eight Illinois businesses that say they employ more than 70,000 people at 447 facilities across the state are asking state lawmakers to reject pending legislation that they characterize as a $12 billion subsidy paid by electricity customers for a proposed Tenaska Energy power plant that "is not necessary to meet demand and would produce electricity at far higher cost than abundant supplies readily available from the wholesale power marketplace."
“We cannot afford this costly legislation” involving a project in Taylotville, the eight Illinois businesses said in a letter to lawmakers.
The legislation has passed the state House and is pending in the Senate.
The businesses' letter was distributed by the The COMPETE Coalition in Washington, D.C., which says it comprises more than 620 electricity stakeholders, including customers, suppliers, traditional and clean energy generators, transmission owners, trade associations, technology innovators, environmental organizations and economic development corporations.
